AVAX/USDT – 1H – SELL

The combination Avalanche/Tether (AVAX/USDT) jumps from the ascending trendline downwards

A bearish movement downwards to the next support line at 20.390000000 will continue.

Caution: A possible reversal of the trend in the direction of the resistance level at 24.350000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Two Crows’ candlestick chart pattern is discovered. The candles show ‘Two Crows’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

22.580000000 – 22.080000000 – 21.080000000 – 20.390000000 – 20.990000000 – 20.180000000

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