AVAX/USDT – 4H – SELL

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

The bearish trend downwards to the next support level at 17.500000000 will persist.

Caution: A possible reversal of the trend in the direction of the resistance line at 21.530000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The pair is likely to go down.

Correction of the major bullish trend broke through the Fibonacci 0-Level.Continuation of the current descending trend will persist. Current target is 20.13288 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support level at 21.530000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Three Black Crows’ candlestick chart pattern is found. The chart shows ‘Three Black Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

21.530000000 – 19.170000000 – 18.280000000 – 17.500000000 – 17.610000000 – 17.020000000

Trading Signals: FOREX – AVAX – AVAX/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern