AVAX/USDT – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Target of the current trend is 9.725 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 10.12 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Bearish Engulfing’ candlestick pattern is discovered. The chart forms ‘Bearish Engulfing’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Engulfing’ heading down is 79%.

10.12 – 9.7 – 9.74 – 9.37 – 9.45 – 9.36 —
10.000000000 – 9.950000000 —
57.91281830351 – 51.618166328228 —
– —
10.12 – 1778290200

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Bearish Engulfing – – –