AVAX/USDT – 30M – SELL

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

A continuation of the downtrend downwards to the next support at is likely expected.

Caution: A possible change in the direction of the resistance line at 9.51 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The currency pair could go down.

In addition a ‘MACD crosses below signal’ indicator layout is found. The indicator shows ‘MACD crosses below signal’. which could be a negative chart scenario. The currency pair could go down.

In addition a ‘Three Black Crows’ candle pattern is detected. The candles form ‘Three Black Crows’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ going down is 82%.

9.51 – 9.58 – 9.78 – 9.26 – 9.34 – 9 —
9.410000000 – 9.460000000 —
45.413169828739 – 53.244481787306 —
– —
9.51 – 1772742600

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