AVAX/USDT – 1H – SELL

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

A continuation of the bearish trend downwards to the next support level at 22.670000000 is likely expected.

Caution: A possible trend reversal in the direction of the resistance level at 24.330000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The currency pair could go down.

Besides a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. this is usually a bearish signal. The currency pair is likely to fall.

Besides a ‘Three Outside Down’ candlestick chart pattern is discovered. The chart shows ‘Three Outside Down’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

24.330000000 – 24.200000000 – 25.200000000 – 22.670000000 – 22.860000000 – 23.100000000 — 56.404470587859 – 47.585106678717

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Outside Down – Double top chart pattern – –