Sell AVAX/USDT – 4H – SELL

Besides a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which could be a negative signal. The currency pair could go down.

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 9.35 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support level at 10.52 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Three Black Crows’ candlestick pattern is found. The chart shows ‘Three Black Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 14.95
2nd High 12.27
Next High 10.52
Current Price 9.570000000
Next Low 8.69
2nd Low 8.42
3rd Low 8.18

10.52 – 10.29 – 9.96 – 8.69 – 8.42 – 8.18 —
10.340000000 – 10.330000000 —
64.77215830665 – 58.49592272254 —
– —
10.52 – 1773633600

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