AVAX/USDT – 30M – SELL

The combination Avalanche/Tether (AVAX/USDT) goes from the bullish trendline down.

A descent down to the next support at is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 25.680000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The currency pair could go down.

There is also a ‘Three Black Crows’ candlestick chart pattern is discovered. The candles form ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

25.680000000 – 24.370000000 – 24.090000000 – 24.020000000 – 23.570000000 – 23.460000000 — 42.293626871394 – 33.077338743153

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Black Crows – – –