AVAX/USDT – 4H – SELL

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

A continuation of the bearish trend down to the next support level at is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 9.68 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish signal. The currency pair is likely to fall.

Moreover a ‘Three Black Crows’ candlestick pattern is found. The candles show ‘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 success rate of a ‘Three Black Crows’ heading down is 82%.

9.68 – 10.01 – 9.71 – 9.16 – 8.96 – 8.92 —
9.410000000 – 9.490000000 —
50.196086579133 – 50.484994255353 —
– —
9.68 – 1776830400

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