AVAX/USDT – 1H – SELL

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 32.2184 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the support zone at 35.750000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Three Black Crows’ chart pattern is detected. The candles form ‘Three Black Crows’. which is a negative 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%.

Download AVAX/USDT Signal Image

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