AVAX/USDT – 30M – SELL

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

A continuation of the bearish trend down to the next support at is expected.

Caution: A possible reversal of the trend in the direction of resistance at 9.51 could be enabled.
Consider stop-loss settings accordingly.

Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The currency pair could go down.

Besides a ‘MACD crosses below signal’ indicator layout is detected. The indicator is ‘MACD crosses below signal’. this is usually a bearish chart signal. The currency pair could go down.

Besides a ‘Three Black Crows’ candlestick chart pattern is detected. The chart forms ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading 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 – – –