AVAX/USDT – 30M – SELL

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

A continuation of the bearish trend downwards to the next support level at will continue.

Caution: A possible reversal of the trend in the direction of the resistance level at 9.51 is also possible.
Consider stop-loss settings accordingly.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The currency pair could go down.

Next a ‘MACD crosses below signal’ indicator layout is found. The indicator is ‘MACD crosses below signal’. which could be a negative chart signal. The currency pair could go down.

Next a ‘Three Black Crows’ candlestick chart pattern is detected. The candles form ‘Three Black Crows’. this is a bearish pattern 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’ going down is 82%.

9.51 – 9.58 – 9.78 – 9.26 – 9.34 – 9 —
9.410000000 – 9.460000000 —
45.413169828739 – 53.244481787306 —
– —
9.51 – 1772742600

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