AVAX/USDT – 30M – SELL

The combination Avalanche/Tether (AVAX/USDT) goes from the descending trendline down.

A continuation of the bearish trend down to the next support at 13.47 is expected.

Caution: A possible reversal of the trend in the direction of resistance at 13.82 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The pair is likely to go down.

Next a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which is often a bearish signal. The pair is likely to go down.

Next a ‘Two Crows’ candle pattern is detected. The candles show ‘Two Crows’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

13.82 – 13.87 – 13.86 – 13.47 – 13.57 – 13.68 — 26.542101408321 – 16.591129336219 — 65.381772098426 – 33.333333333333 – 84.174506328792 – 64.757311516109

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Two Crows – – –