AVAX/USDT – 30M – SELL

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

A bearish movement downwards to the next support at 9.45 will persist.

Caution: A possible trend reversal in the direction of resistance at 9.7 could be enabled.
Consider stop-loss settings accordingly.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The pair is likely to go down.

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

Also there is a ‘Three Outside Down’ candlestick chart pattern is discovered. The candles show ‘Three Outside Down’. which is a negative chart scenario. The currency pair is likely to fall. 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).

9.7 – 9.74 – 9.52 – 9.45 – 9.36 – 9.33 —
9.510000000 – 9.530000000 —
37.448336225575 – 49.310052788553 —
– —
9.7 – 1778139000

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