AVAX/USDT – 4H – SELL

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

A continuation of the downward movement downwards to the next support level at is expected.

Caution: A possible change in the direction of the resistance zone at 24.820000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a negative chart signal. The currency pair could go down.

Furthermore a ‘Southern Doji’ candlestick chart pattern is existing. The candles form ‘Southern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).

24.820000000 – 27.380000000 – 26.530000000 – 22.760000000 – 21.440000000 – 22.530000000 — 42.344360156535 – 41.943331552178

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Southern Doji – – –