AVAX/USDT – 1H – SELL

Additionally a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is expected. Current target is 9.21 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support level at 10.01 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Three Black Crows’ candlestick pattern is existing. The chart shows ‘Three Black Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

10.01 – 9.89 – 9.57 – 9.45 – 9.26 – 9.26 —
9.450000000 – 9.400000000 —
33.842038909073 – 36.968436782843 —
– —
10.01 – 1776434400

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