AVAX/USDT – 1H – SELL

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

A bearish descent downwards to the next support line at 13.91 is considered certain.

Caution: A possible trend reversal in the direction of resistance at 14.75 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘%K crosses below %D’ indicator signal is existing. The indicator is ‘%K crosses below %D’. this is usually a bearish chart signal. The currency pair is likely to fall.

There is also a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 14.20644 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support zone at 14.75 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Northern Doji’ candle pattern is existing. The chart shows ‘Northern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

14.75 – 14.53 – 13.86 – 13.91 – 12.23 – 12.21 — 62.475907061912 – 55.66224531447 — 95.94261376373 – 80.903498868399 – 80.679278273006 – 85.903146334511

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –