AVAX/USDT – 1H – SELL

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The currency pair could go down.

Furthermore a ‘Resistance Level’ indicator layout is found. The indicator shows ‘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 0.5-Level.Continuation of the current descending trend will continue. Current target is 9.3988 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the support line at 10.01 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Three Outside Down’ candlestick chart pattern is found. The chart forms ‘Three Outside Down’. this is a bearish chart scenario. 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).

10.01 – 9.89 – 9.57 – 9.45 – 9.26 – 9.26 —
9.770000000 – 9.740000000 —
51.433187811024 – 49.539789462981 —
– —
10.01 – 1776434400

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Outside Down – – –