Sell AVAX/USDT – 1H – SELL

The combination Avalanche/Tether (AVAX/USDT) jumps from the bearish trendline downwards

A continuation of the downtrend down to the next support at will continue.

Caution: A possible reversal of the trend in the direction of the resistance line at 22.400000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The currency pair is likely to fall.

There is also a ‘StochRSI fall below 80’ indicator layout is discovered. The indicator is ‘StochRSI fall below 80’. which is often a bearish chart signal. The currency pair is likely to fall.

There is also a ‘Three Black Crows’ candle chart pattern is existing. The chart forms ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High 24.120000000
2nd High 22.850000000
Next High 22.400000000
Current Price 22.100000000
Next Low
2nd Low
3rd Low

22.400000000 – 22.850000000 – 24.120000000 – 21.440000000 – 21.580000000 – 22.400000000 — 51.30624175903 – 48.600143210847

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