AVAX/USDT – 30M – SELL

The pair Avalanche/Tether (AVAX/USDT) moves from the bullish trendline down.

A bearish trend downwards to the next support at 29.220000000 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 30.410000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative signal. The currency pair could go down.

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

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is considered certain. Current target is 28.96 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support level at 30.410000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

30.410000000 – 30.640000000 – 31.250000000 – 29.220000000 – 28.960000000 – 29.620000000 — 39.895904270489 – 33.310321384655

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – – Symmetrical Triangle Chart Pattern – –