AVAX/USDT – 30M – SELL

Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart signal. The currency pair is likely to fall.

Moreover a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Current target is 8.7 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of support at 8.97 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘Two Crows’ chart pattern is discovered. The candles form ‘Two Crows’. which is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

8.97 – 8.81 – 8.9 – 8.58 – 8.43 – 8.65 —
8.960000000 – 8.850000000 —
46.408616543714 – 52.607851544651 —
– —
8.97 – 1770894000

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