AVAX/USDT – 30M – SELL

The pair Avalanche/Tether (AVAX/USDT) goes from the bearish trendline down.

A continuation of the downtrend downwards to the next support level at is considered certain.

Caution: A possible change in the direction of resistance at 24.020000000 is also possible.
Consider stop-loss settings accordingly.

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative signal. The currency pair is likely to fall.

Additionally a ‘Three Black Crows’ candle chart pattern is found. The chart shows ‘Three Black Crows’. which is a bearish 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%.

24.020000000 – 24.550000000 – 25.030000000 – 23.010000000 – 22.190000000 – 22.400000000

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