AVAX/USDT – 1H – SELL

The currency pair Avalanche/Tether (AVAX/USDT) moves from the bullish trendline downwards

The bearish trend down to the next support level at 8.99 will persist.

Caution: A possible reversal of the trend in the direction of resistance at 9.74 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘StochRSI %K falls below 0.8’ indicator layout is discovered. The indicator is ‘StochRSI %K falls below 0.8’. which is often a bearish chart signal. The currency pair could go down.

Next a ‘Three Black Crows’ candle chart pattern is detected. The candles form ‘Three Black Crows’. which is a negative signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Black Crows’ heading down is 82%.

9.74 – 9.52 – 9.38 – 8.99 – 8.97 – 9.06 —
9.650000000 – 9.630000000 —
59.37517731107 – 50.874763481091 —
– —
9.74 – 1778054400

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