AVAX/USDT – 1H – SELL

The combination Avalanche/Tether (AVAX/USDT) moves from the bearish trendline downwards

A continuation of the downtrend down to the next support level at 18.130000000 will continue.

Caution: A possible counter-trend in the direction of the resistance level at 20.000000000 is within the realm of possibility.
Consider stop-loss settings accordingly.

Besides a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which could be a negative signal. The pair is likely to go down.

Besides a ‘Two Crows’ chart pattern is discovered. The chart shows ‘Two Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

20.000000000 – 19.280000000 – 19.550000000 – 18.130000000 – 18.700000000 – 18.730000000

Trading Signals: FOREX – AVAX – AVAX/USDT – USDT – Two Crows