AVAX/USDT – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is certain. Target of the current trend is 22.94 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of support at 24.050000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Falling Window’ chart pattern is found. The candles show ‘Falling Window’. 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 likelyhood of ‘Falling Window’ heading down is 67% (Bull Market) and 73% (Bear Market).

There is also a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Download AVAX/USDT Signal Image

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Falling Window