AVAX/USDT – 4H – SELL

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

The bearish trend down to the next support line at 23.860000000 is considered certain.

Caution: A possible counter-trend in the direction of resistance at 29.990000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Two Crows’ candlestick chart pattern is found. The chart forms ‘Two 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 success rate of a ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

29.990000000 – 25.780000000 – 25.330000000 – 23.860000000 – 22.670000000 – 23.100000000 — 73.267458055943 – 65.382804560082

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Two Crows – – –