AVAX/USDT – 4H – SELL

The pair Avalanche/Tether (AVAX/USDT) moves from the bullish trendline downwards

A descending movement down to the next support level at 28.220000000 will persist.

Caution: A possible counter-trend in the direction of the resistance level at 31.250000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Three Black Crows’ chart pattern is found. The candles show ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

31.250000000 – 29.990000000 – 25.780000000 – 28.220000000 – 28.250000000 – 23.860000000 — 66.662476896088 – 65.675168044845

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