AVAX/USDT – 4H – SELL

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

A continuation of the downward movement down to the next support line at 8.18 is expected.

Caution: A possible counter-trend in the direction of the resistance zone at 9.84 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘StochRSI %K falls below 0.8’ indicator layout is detected. The indicator is ‘StochRSI %K falls below 0.8’. this is usually a bearish signal. The pair is likely to go down.

Also there is a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. which is often a bearish chart signal. The currency pair is likely to fall.

Also there is a ‘Three Black Crows’ candle pattern is discovered. The candles show ‘Three Black Crows’. which is a negative chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

9.84 – 9.45 – 9.42 – 8.18 – 8.66 – 8.43 —
9.380000000 – 8.980000000 —
58.899299032784 – 45.426630759854 —
– —
9.84 – 1772049600

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