AVAX/USDT – 1H – SELL

The combination Avalanche/Tether (AVAX/USDT) moves from the ascending trendline down.

A bearish movement down to the next support at 9.37 will persist.

Caution: A possible change in the direction of the resistance line at 9.7 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Three Black Crows’ candlestick pattern is found. The candles show ‘Three Black Crows’. this is a bearish signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

9.7 – 9.74 – 9.52 – 9.37 – 9.45 – 8.99 —
9.960000000 – 10.100000000 —
73.414320254579 – 70.593022657266 —
– —
9.7 – 1778137200

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