AVAX/USDT – 4H – SELL

The combination Avalanche/Tether (AVAX/USDT) goes from the bearish trendline down.

A continuation of the bearish trend down to the next support line at 8.69 is likely expected.

Caution: A possible counter-trend in the direction of resistance at 9.96 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. this is usually a bearish signal. The currency pair could go down.

In addition a ‘Three Outside Down’ chart pattern is found. The chart forms ‘Three Outside Down’. which is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

9.96 – 9.78 – 9.48 – 8.69 – 8.42 – 8.18 —
9.570000000 – 9.760000000 —
54.301187295483 – 57.490766520785 —
– —
9.96 – 1773158400

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern – –