AVAX/USDT – 30M – SELL

The currency pair Avalanche/Tether (AVAX/USDT) moves from the ascending trendline down.

A descent down to the next support at 9.37 will continue.

Caution: A possible change in the direction of the resistance level at 10.01 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Three Black Crows’ candlestick chart pattern is existing. The candles form ‘Three Black 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 chance of ‘Three Black Crows’ heading down is 82%.

9.7 – 9.74 – 9.52 – 9.37 – 9.45 – 9.36 —
9.950000000 – 10.070000000 —
67.549015634789 – 71.221990862449 —
– —
9.7 – 1778139000

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