AVAX/USDT – 30M – SELL

The currency pair Avalanche/Tether (AVAX/USDT) jumps from the ascending trendline down.

A descent down to the next support line at 7.55 will continue.

Caution: A possible reversal of the trend in the direction of the resistance zone at 9.19 should always be considered.
Consider stop-loss settings accordingly.

Additionally a ‘MACD crosses below signal’ indicator signal is detected. The indicator is ‘MACD crosses below signal’. this is usually a bearish chart scenario. The pair is likely to go down.

Additionally a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The currency pair is likely to fall.

Additionally a ‘Three Outside Down’ candle pattern is existing. The candles show ‘Three Outside Down’. 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 probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

9.19 – 9.26 – 9.3 – 8.74 – 8.72 – 9 —
8.880000000 – 8.850000000 —
44.692248293048 – 47.219773424723 —
– —
9.19 – 1770658200

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