AVAX/USDT – 1H – SELL

The combination Avalanche/Tether (AVAX/USDT) jumps from the bearish trendline downwards

A continuation of the downward movement down to the next support line at 13.91 will persist.

Caution: A possible counter-trend in the direction of the resistance zone at 14.91 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Northern Doji’ candlestick chart pattern is discovered. The candles form ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

14.91 – 15.27 – 15.17 – 14.64 – 14.78 – 13.91 — 28.370471409214 – 24.216627302157 — 3.6984236894628 – 3.6984236894628 – 1.2569586442772 – 2.4656157929752

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –