AVAX/USDT – 1H – SELL

The currency pair Avalanche/Tether (AVAX/USDT) goes from the bearish trendline down.

A continuation of the bearish trend down to the next support line at 13.91 is certain.

Caution: A possible change in the direction of the resistance zone at 14.91 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Three Black Crows’ candle pattern is existing. The chart shows ‘Three Black Crows’. which is a bearish signal. The 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%.

14.91 – 15.27 – 15.17 – 14.64 – 14.78 – 13.91 — 25.816763584875 – 22.334436725608 — 14.633120577903 – 8.1168670525951 – 16.611828542213 – 14.261210891759

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