AVAX/USDT – 30M – SELL

Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bearish chart signal. The pair is likely to go down.

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

Moreover a ‘MACD crosses below signal’ indicator signal is found. The indicator is ‘MACD crosses below signal’. which is often a bearish chart signal. The pair is likely to go down.

Moreover a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The currency pair could go down.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend is expected. Target of the current trend is 9.0342 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support line at 9.25 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Three Outside Down’ candle pattern is discovered. The chart forms ‘Three Outside Down’. which is a negative chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

9.13 – 9.25 – 9.14 – 8.97 – 9.06 – 9.06 —
9.120000000 – 9.190000000 —
56.882079991236 – 62.796658943531 —
– —
9.13 – 1777809600

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Outside Down – Symmetrical Triangle Chart Pattern – –