AVAX/USDT – 1H – SELL

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

A bearish trend down to the next support at 24.740000000 is considered certain.

Caution: A possible counter-trend in the direction of the resistance zone at is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The currency pair could go down.

Then a ‘Three Black Crows’ chart pattern is existing. The candles form ‘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%.

25.770000000 – 24.440000000 – 26.100000000 – 24.740000000 – 22.870000000 – 22.530000000 — 52.343287758566 – 47.313305532098

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