AVAX/USDT – 30M – SELL

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

A bearish movement downwards to the next support at 24.750000000 will continue.

Caution: A possible counter-trend in the direction of the resistance level at 25.510000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Northern Doji’ chart pattern is discovered. The chart forms ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. 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 – 24.900000000 – 24.600000000 – 24.750000000 – 24.370000000 – 22.760000000 — 62.286621770726 – 59.276703561213

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