AVAX/USDT – 4H – SELL

The currency pair Avalanche/Tether (AVAX/USDT) jumps from the bullish trendline down.

A bearish movement downwards to the next support line at 20.390000000 is certain.

Caution: A possible change in the direction of resistance at 26.530000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Three Black Crows’ candle chart pattern is discovered. The chart forms ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ heading down is 82%.

26.530000000 – 21.530000000 – 19.170000000 – 20.390000000 – 17.500000000 – 17.610000000

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