AVAX/USDT – 1H – SELL

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

A bearish movement downwards to the next support level at 13.910000000 is certain.

Caution: A possible reversal of the trend in the direction of the resistance zone at 14.53 could happen.
Consider stop-loss settings accordingly.

Moreover a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair is likely to fall.

Moreover a ‘Three Outside Down’ candlestick pattern is discovered. The candles show ‘Three Outside Down’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

14.53 – 13.86 – 12.67 – 13.910000000 – 12.23 – 12.21 — 56.866172278917 – 50.374475369344 — 66.915942513369 – 52.771278966132 – 79.649435531788 – 67.282661170529

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Outside Down – – –