AVAX/USDT – 30M – SELL

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

A descent downwards to the next support at 24.090000000 will continue.

Caution: A possible trend reversal in the direction of resistance at 25.110000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Three Outside Down’ candle pattern is detected. The chart shows ‘Three Outside Down’. this is a bearish chart scenario. The currency pair is likely to fall. 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).

24.620000000 – 24.580000000 – 25.110000000 – 24.090000000 – 24.150000000 – 23.860000000 — 60.628860026856 – 51.531077176977

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