AVAX/USDT – 1H – SELL

The pair Avalanche/Tether (AVAX/USDT) goes from the bullish trendline downwards

A bearish movement downwards to the next support level at 8.18 is certain.

Caution: A possible change in the direction of the resistance zone at 10.34 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Tweezers Top’ chart pattern is existing. The candles form ‘Tweezers Top’. which is a bearish pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Tweezers Top’ heading down is 56% (Bull Market) & 55% (Bear Market).

9.45 – 9.36 – 9.21 – 8.18 – 8.66 – 8.8 —
8.990000000 – 9.770000000 —
74.344429463039 – 80.167054366341 —
– —
9.45 – 1771682400

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Tweezers Top – – –