AVAX/USDT – 1H – SELL

The currency pair Avalanche/Tether (AVAX/USDT) jumps from the bearish trendline downwards

A continuation of the downtrend down to the next support line at 24.740000000 will continue.

Caution: A possible counter-trend in the direction of resistance at 25.770000000 should be noted.
Consider stop-loss settings accordingly.

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The currency pair could go down.

Furthermore a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The currency pair could go down.

Furthermore a ‘Three Black Crows’ chart pattern is discovered. The candles form ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

25.770000000 – 24.440000000 – 26.100000000 – 24.740000000 – 22.870000000 – 22.530000000 — 39.977493359471 – 39.064119486599

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