AVAX/USDT – 1H – SELL

Additionally a ‘MACD crosses below signal’ indicator signal is detected. The indicator is ‘MACD crosses below signal’. this is usually a bearish chart 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 expected. Target of the current trend is 9.16 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support zone at 9.66 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Three Black Crows’ candlestick pattern is detected. The chart shows ‘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 probability of ‘Three Black Crows’ going down is 82%.

9.66 – 9.11 – 9.15 – 8.74 – 8.83 – 8.66 —
9.520000000 – 9.470000000 —
73.946650145685 – 67.381852532509 —
– —
9.66 – 1775440800

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