AVAX/USDT – 1H – SELL

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

A bearish movement downwards to the next support line at 14.21 is considered certain.

Caution: A possible trend reversal in the direction of the resistance level at 14.86 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Three Black Crows’ candlestick pattern is detected. 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’ heading down is 82%.

14.86 – 15.09 – 14.35 – 14.21 – 12.54 – 13.98 — 43.208457180411 – 39.530649658709 — 20.638829436674 – 10.302740852769 – 23.454685821894 – 18.643975917594

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