AVAX/USDT – 30M – SELL

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

A descent downwards to the next support line at 13.91 will continue.

Caution: A possible trend reversal in the direction of the resistance line at 14.31 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Three Black Crows’ candlestick pattern is existing. The candles form ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

14.31 – 14.89 – 14.91 – 13.98 – 14.64 – 14.79 — 29.086003902293 – 19.839329951536 — 16.615236919701 – 5.0442295823905 – 18.470365036915 – 14.526503462936

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Black Crows – Double top chart pattern – –