AVAX/USDT – 30M – SELL

The pair Avalanche/Tether (AVAX/USDT) goes from the descending trendline down.

A continuation of the downward movement down to the next support level at 22.190000000 is considered certain.

Caution: A possible change in the direction of the resistance line at 23.480000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Northern Doji’ candlestick chart pattern is detected. The candles show ‘Northern Doji’. this 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 chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

23.480000000 – 24.140000000 – 24.090000000 – 22.860000000 – 23.360000000 – 24.020000000 — 40.305142559589 – 36.590083671671

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –