AVAX/USDT – 30M – SELL

The combination Avalanche/Tether (AVAX/USDT) moves from the descending trendline down.

A continuation of the downward movement downwards to the next support level at 9.53 is certain.

Caution: A possible trend reversal in the direction of resistance at 10.21 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which could be a negative chart signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Target of the current trend is 9.53 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support level at 10.21 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Three Black Crows’ candle pattern is existing. The candles form ‘Three Black Crows’. which 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 Black Crows’ heading down is 82%.

10.21 – 10.32 – 10.13 – 9.97 – 9.95 – 10.07 —
10.170000000 – 9.910000000 —
54.506038037038 – 31.685444702758 —
– —
10.21 – 1770093000

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