Sell AVAX/USDT – 30M – SELL

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is considered certain. Current target is 10.02 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of support at 10.51 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Bearish Harami’ candle pattern is found. The candles form ‘Bearish Harami’. which is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Harami’ going down is 53% (Bull Market) & 50% (Bear Market).

Support & Resistance Price Range*
3rd High 11.05
2nd High 10.52
Next High 10.51
Current Price 10.270000000
Next Low 10.04
2nd Low 9.67
3rd Low 9.66

10.51 – 10.52 – 9.88 – 10.04 – 9.67 – 9.66 —
10.280000000 – 10.280000000 —
45.701206980664 – 48.608461974544 —
– —
10.51 – 1773700200

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