AVAX/USDT – 30M – SELL

The combination Avalanche/Tether (AVAX/USDT) jumps from the descending trendline downwards

A continuation of the downward movement downwards to the next support at 48.320000000 is certain.

Caution: A possible change in the direction of the resistance line at 50.860000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend broke the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Current target is 48.1 at the Fibonacci level 1-Level. Caution: A possible change in the direction of support at 50.860000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Three Black Crows’ candle pattern is detected. The candles show ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

Download AVAX/USDT Signal Image

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