AVAX/USDT – 30M – SELL

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

A continuation of the downward movement downwards to the next support at 21.770000000 will persist.

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

Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart scenario. The pair is likely to go down.

Additionally a ‘StochRSI fall below 80’ indicator signal is existing. The indicator is ‘StochRSI fall below 80’. which could be a negative chart scenario. The pair is likely to go down.

Additionally a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The currency pair could go down.

Additionally a ‘Three Outside Down’ chart pattern is detected. The candles form ‘Three Outside Down’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

22.400000000 – 22.310000000 – 22.850000000 – 21.770000000 – 21.570000000 – 21.440000000 — 55.714139118333 – 55.065066302072

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