AVAX/USDT – 30M – SELL

The pair Avalanche/Tether (AVAX/USDT) moves from the bearish trendline down.

A continuation of the downtrend downwards to the next support line at will continue.

Caution: A possible counter-trend in the direction of resistance at 33.610000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart signal. The pair is likely to go down.

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

33.610000000 – 34.030000000 – 34.110000000 – 32.620000000 – 32.580000000 – 32.790000000 — 49.770751019772 – 48.526160460378

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