AVAX/USDT – 1H – SELL

The pair Avalanche/Tether (AVAX/USDT) moves from the bearish trendline downwards

A continuation of the downtrend down to the next support line at 36.280000000 is likely expected.

Caution: A possible change in the direction of resistance at 39.050000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Three Outside Down’ chart pattern is discovered. The chart forms ‘Three Outside Down’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

Download AVAX/USDT Signal Image

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Outside Down