AVAX/USDT – 1H – SELL

Also there is a ‘Symmetrical Triangle Chart Pattern’ chart layout is discovered. The chart picture forms ‘Symmetrical Triangle Chart Pattern’. which is a bearish signal. The currency pair is likely to go down.

The currency pair Avalanche/Tether (AVAX/USDT) goes from the bearish trendline downwards

A continuation of the downward movement down to the next support line at is likely expected.

Caution: A possible change in the direction of the resistance zone at 9.25 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bearish chart signal. The pair is likely to go down.

Also there is a ‘Bearish Belt Hold’ candle chart pattern is existing. The candles form ‘Bearish Belt Hold’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bearish Belt Hold’ heading down is 68% (Bull Market) & 69% (Bear Market).

9.25 – 9.27 – 9.21 – 8.97 – 9.06 – 9.06 —
9.110000000 – 9.150000000 —
49.903830328525 – 47.079832665101 —
– —
9.25 – 1777755600

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Bearish Belt Hold – Symmetrical Triangle Chart Pattern – –