AVAX/USDT – 30M – SELL

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

A continuation of the bearish trend down to the next support at 8.97 is certain.

Caution: A possible reversal of the trend in the direction of the resistance level at 10.01 should be noted.
Consider stop-loss settings accordingly.

Additionally a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The pair is likely to go down.

Additionally a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The pair is likely to go down.

Additionally a ‘Three Outside Down’ candlestick pattern is detected. The candles form ‘Three Outside Down’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

10.01 – 9.89 – 9.55 – 9.21 – 9.3 – 9.33 —
9.320000000 – 9.210000000 —
41.745813596445 – 38.028113456542 —
– —
10.01 – 1776436200

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Outside Down – – –