AVAX/USDT – 4H – SELL

The pair Avalanche/Tether (AVAX/USDT) jumps from the descending trendline downwards

A continuation of the downtrend down to the next support at 9.16 will continue.

Caution: A possible reversal of the trend in the direction of resistance at 10.34 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Southern Doji’ candlestick chart pattern is existing. The chart shows ‘Southern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).

10.34 – 12.27 – 14.95 – 9.16 – 11.23 – 11.88 —
10.040000000 – 9.090000000 —
33.167004519669 – 20.69314469487 —
– —
10.34 – 1770148800

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