AVAX/USDT – 30M – SELL

The combination Avalanche/Tether (AVAX/USDT) goes from the descending trendline downwards

A continuation of the downward movement down to the next support at 14.21 is considered certain.

Caution: A possible trend reversal in the direction of the resistance zone at 14.52 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘RSI fall below 30’ indicator layout is found. The indicator shows ‘RSI fall below 30’. this is usually a bearish signal. The pair is likely to go down.

And also a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.

And also a ‘Three Black Crows’ candle chart pattern is discovered. The chart forms ‘Three Black Crows’. which is a negative signal. The currency 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%.

14.52 – 14.86 – 14.79 – 14.21 – 14.68 – 13.87 — 30.371721278595 – 27.425366337803 — 31.91119067154 – 9.8132816190547 – 35.996950183569 – 26.997505449061

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