Sell AVAX/USDT – 4H – SELL

And also a ‘StochRSI Bearish Divergence’ indicator signal is detected. The indicator shows ‘StochRSI Bearish Divergence’. signal.

And also a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which could be a negative chart scenario. The currency pair could go down.

Correction of the major bullish trend broke the Fibonacci 0-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 9.50064 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support zone at 9.57 could happen.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Two Crows’ candlestick chart pattern is found. The chart shows ‘Two Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 10.01
2nd High 9.68
Next High 9.57
Current Price 9.460000000
Next Low 8.97
2nd Low 8.92
3rd Low 8.46

9.27 – 9.45 – 9.57 – 8.97 – 8.92 – 9.08 —
9.490000000 – 9.700000000 —
62.318672876277 – 65.049625264239 —
– —
9.27 – 1777636800

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