AVAX/USDT – 30M – SELL

The pair Avalanche/Tether (AVAX/USDT) jumps from the bullish trendline downwards

A bearish movement down to the next support at 22.190000000 will continue.

Caution: A possible change in the direction of resistance at 24.550000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Three Outside Down’ chart pattern is detected. The candles form ‘Three Outside Down’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

24.550000000 – 25.030000000 – 23.240000000 – 22.190000000 – 22.400000000 – 21.870000000

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