AVAX/USDT – 1H – SELL

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

The bearish trend down to the next support at 13.39 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 14.22 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘%K crosses below %D’ indicator signal is discovered. The indicator is ‘%K crosses below %D’. which could be a negative chart scenario. The currency pair could go down.

And also a ‘Northern Doji’ candle chart pattern is detected. The chart forms ‘Northern Doji’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

14.22 – 13.99 – 13.94 – 13.39 – 13.48 – 13.68 — 81.650973944919 – 78.522447601408 — 100 – 96.376937815712 – 100 – 98.792312605237

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