AVAX/USDT – 30M – SELL

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

A continuation of the downtrend down to the next support at 7.55 will persist.

Caution: A possible counter-trend in the direction of the resistance zone at 9.38 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The currency pair could go down.

There is also a ‘StochOSC Hidden Bearish Divergence’ indicator signal is found. The indicator is ‘StochOSC Hidden Bearish Divergence’. this is usually a bearish chart scenario. The currency pair could go down.

There is also a ‘Three Outside Down’ candlestick chart pattern is discovered. The candles form ‘Three Outside Down’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

9.38 – 9.38 – 9.48 – 9.15 – 7.55 – 9.55 —
9.180000000 – 9.300000000 —
42.318198403362 – 60.868921296718 —
– —
9.38 – 1770489000

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Outside Down – – –