AVAX/USDT – 1H – SELL

The combination Avalanche/Tether (AVAX/USDT) moves from the ascending trendline downwards

A descending movement down to the next support line at 22.760000000 is likely expected.

Caution: A possible reversal of the trend in the direction of resistance at 27.380000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Northern Doji’ chart pattern is discovered. The candles form ‘Northern Doji’. this is a bullish chart scenario. The currency 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).

25.440000000 – 24.600000000 – 24.820000000 – 22.760000000 – 23.260000000 – 24.020000000 — 58.492310994768 – 51.505175710268

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – Triple bottom chart pattern – –