AVAX/USDT – 30M – SELL

The combination Avalanche/Tether (AVAX/USDT) jumps from the descending trendline downwards

A continuation of the downtrend downwards to the next support line at 9.07 is certain.

Caution: A possible change in the direction of resistance at 9.3 should always be considered.
Consider stop-loss settings accordingly.

Then a ‘Tweezers Top’ candle pattern is found. The chart shows ‘Tweezers Top’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).

9.3 – 9.38 – 9.38 – 9.07 – 9.15 – 7.55 —
9.200000000 – 9.190000000 —
45.28277310084 – 50.479474530664 —
– —
9.3 – 1770539400

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Tweezers Top – – –