AVAX/USDT – 30M – SELL

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

The bearish trend downwards to the next support level at is expected.

Caution: A possible counter-trend in the direction of the resistance zone at 30.640000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The currency pair could go down.

Additionally a ‘Three Black Crows’ candlestick chart pattern is existing. The chart shows ‘Three Black Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

30.640000000 – 31.250000000 – 28.830000000 – 29.620000000 – 29.270000000 – 28.250000000 — 42.014094554957 – 39.06819099623

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