AVAX/USDT – 30M – SELL

The combination Avalanche/Tether (AVAX/USDT) goes from the bearish trendline downwards

A continuation of the downward movement downwards to the next support at 6.214 is expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 6.804 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Three Black Crows’ candle chart pattern is found. The candles form ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

6.804 – 7.018 – 7.022 – 6.214 – 6.575 – 6.653 —
6.323000000 – 6.081000000 —
31.638417782944 – 23.787677834777 —
– —
6.804 – 1781744400

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Black Crows – – –