AVAX/USDT – 30M – SELL

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

A continuation of the downward movement down to the next support at will continue.

Caution: A possible reversal of the trend in the direction of resistance at 23.880000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The pair is likely to go down.

There is also a ‘Three Outside Down’ candle pattern is found. The chart forms ‘Three Outside Down’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

23.880000000 – 24.460000000 – 25.200000000 – 23.100000000 – 23.200000000 – 24.130000000 — 50.274850358513 – 46.699722488861

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