AVAX/USDT – 30M – SELL

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

A continuation of the downtrend downwards to the next support line at 23.100000000 will persist.

Caution: A possible trend reversal in the direction of resistance at 24.510000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Three Inside Down’ chart pattern is existing. The candles form ‘Three Inside Down’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).

24.510000000 – 25.510000000 – 27.380000000 – 23.100000000 – 23.880000000 – 24.430000000 — 45.525986404334 – 32.232525288585

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Inside Down – Double top chart pattern –