AVAX/USDT – 1H – SELL

The combination Avalanche/Tether (AVAX/USDT) goes from the ascending trendline down.

A descent downwards to the next support line at 23.860000000 is considered certain.

Caution: A possible reversal of the trend in the direction of the resistance line at 25.110000000 could be enabled.
Consider stop-loss settings accordingly.

Next a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. this is usually a bearish signal. The currency pair could go down.

Next a ‘Three Black Crows’ candle pattern is detected. The chart forms ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

25.110000000 – 25.780000000 – 24.280000000 – 23.860000000 – 23.510000000 – 22.670000000 — 44.423109861825 – 42.808608834451

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