AVAX/USDT – 30M – SELL

The combination Avalanche/Tether (AVAX/USDT) jumps from the ascending trendline down.

A bearish trend downwards to the next support at 24.740000000 will continue.

Caution: A possible counter-trend in the direction of the resistance zone at could happen.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘RSI fall below 70’ indicator signal is existing. The indicator is ‘RSI fall below 70’. this is usually a bearish chart signal. The currency pair is likely to fall.

Moreover a ‘Northern Doji’ chart pattern is detected. The candles form ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

26.460000000 – 25.260000000 – 25.770000000 – 24.740000000 – 24.850000000 – 22.960000000 — 74.10496233805 – 67.456049518581

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – –