AVAX/USDT – 30M – SELL

The currency pair Avalanche/Tether (AVAX/USDT) jumps from the ascending trendline downwards

The bearish trend down to the next support at 9.36 will persist.

Caution: A possible reversal of the trend in the direction of the resistance zone at 9.68 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘MACD crosses below signal’ indicator signal is found. The indicator is ‘MACD crosses below signal’. this is usually a bearish chart scenario. The pair is likely to go down.

Additionally a ‘Two Crows’ candlestick chart pattern is existing. The candles form ‘Two Crows’. which is a bearish chart scenario. The currency pair is likely to fall. 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).

9.52 – 9.38 – 9.13 – 9.36 – 9.33 – 9.09 —
9.590000000 – 9.670000000 —
65.172857904129 – 57.909151279709 —
– —
9.52 – 1777987800

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