AVAX/USDT – 30M – SELL

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

A continuation of the downward movement down to the next support line at is certain.

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

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart scenario. The currency pair could go down.

Next a ‘MACD crosses below signal’ indicator layout is existing. The indicator shows ‘MACD crosses below signal’. which is often a bearish chart scenario. The currency pair could go down.

Next a ‘Three Black Crows’ candle chart pattern is existing. The chart shows ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. 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 – – –