AVAX/USDT – 30M – SELL

Besides a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses below %D line’. which could be a negative chart scenario. The currency pair is likely to fall.

Besides a ‘Resistance Level’ indicator layout is found. The indicator shows ‘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 will persist. Current target is 9.31 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of support at 9.75 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Two Crows’ candlestick chart pattern is found. The chart forms ‘Two Crows’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

9.75 – 9.19 – 9.57 – 8.92 – 8.87 – 9.06 —
9.590000000 – 9.600000000 —
56.055903342966 – 59.722430523389 —
– —
9.75 – 1774275300

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Two Crows – – –