AVAX/USDT – 30M – SELL

Besides a ‘Double bottom retreat down’ chart layout is discovered. The formation shows ‘Double bottom retreat down’. which is a bearish chart scenario. The pair is likely to go down.

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

A continuation of the downtrend downwards to the next support line at 22.190000000 is expected.

Caution: A possible change in the direction of resistance at 24.050000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘RSI fall below 30’ indicator layout is found. The indicator shows ‘RSI fall below 30’. this is usually a bearish chart signal. The pair is likely to go down.

Besides a ‘StochRSI fall below 80’ indicator layout is found. The indicator shows ‘StochRSI fall below 80’. this is usually a bearish chart signal. The pair is likely to go down.

Besides a ‘Northern Doji’ chart pattern is found. The chart forms ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

24.050000000 – 24.550000000 – 24.820000000 – 23.540000000 – 23.260000000 – 24.020000000 — 64.324583186308 – 29.650913875876

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – Double bottom retreat down – –