AVAX/USDT – 30M – SELL

The combination Avalanche/Tether (AVAX/USDT) goes from the bearish trendline downwards

A continuation of the bearish trend downwards to the next support level at 22.190000000 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance zone at 23.480000000 is within the realm of possibility.
Consider stop-loss settings accordingly.

There is also a ‘Three Black Crows’ candle pattern is found. The chart forms ‘Three Black Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

23.480000000 – 24.140000000 – 24.090000000 – 22.860000000 – 23.360000000 – 24.020000000 — 35.5311906649 – 33.67029639839

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