AVAX/USDT – 30M – SELL

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

The bearish trend down to the next support line at 9.16 is considered certain.

Caution: A possible change in the direction of the resistance level at 9.96 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘MACD crosses below signal’ indicator layout is existing. The indicator shows ‘MACD crosses below signal’. which could be a negative chart signal. The pair is likely to go down.

Also there is a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which is often a bearish signal. The currency pair is likely to fall.

Also there is a ‘Three Black Crows’ candle pattern is existing. The chart shows ‘Three Black Crows’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

9.96 – 10.17 – 10.34 – 9.55 – 9.54 – 9.97 —
9.570000000 – 9.620000000 —
34.391590426979 – 44.064359903863 —
– —
9.96 – 1770233400

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Black Crows – – –