AVAX/USDT – 30M – SELL

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

The bearish trend down to the next support at 23.040000000 will persist.

Caution: A possible change in the direction of the resistance level at 24.120000000 could be enabled.
Consider stop-loss settings accordingly.

There is also a ‘RSI fall below 70’ indicator signal is existing. The indicator is ‘RSI fall below 70’. this is usually a bearish chart signal. The pair is likely to go down.

There is also a ‘Two Crows’ chart pattern is discovered. The chart forms ‘Two Crows’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

23.610000000 – 23.700000000 – 22.900000000 – 23.040000000 – 22.190000000 – 21.950000000 — 72.156056742272 – 65.577260644258

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Two Crows – Double bottom retreat down – –