AVAX/USDT – 30M – SELL

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

A continuation of the bearish trend down to the next support line at 23.200000000 is certain.

Caution: A possible counter-trend in the direction of the resistance line at 24.460000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Three Black Crows’ candle chart pattern is existing. The candles form ‘Three Black Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

24.460000000 – 25.200000000 – 25.080000000 – 23.200000000 – 24.130000000 – 24.390000000 — 38.510124514486 – 32.493018447407

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Black Crows – Double top chart pattern – –