AVAX/USDT – 30M – SELL

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The currency pair could go down.

Besides a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 9.7288 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support line at 10.17 is within the realm of possibility.
Consider stop-loss settings accordingly.

Besides a ‘Two Crows’ candlestick chart pattern is detected. The chart forms ‘Two Crows’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

10.17 – 10.34 – 10.21 – 9.54 – 9.97 – 9.95 —
9.780000000 – 9.960000000 —
30.264287614308 – 54.146880293535 —
– —
10.17 – 1770190200

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