AVAX/USDT – 30M – SELL

Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart scenario. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is likely expected. Current target is 6.580416 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the support level at 6.776 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Three Black Crows’ candle pattern is detected. The chart forms ‘Three Black Crows’. which is a bearish pattern 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’ heading down is 82%.

6.776 – 6.769 – 6.686 – 6.54 – 6.52 – 6.527 —
6.669000000 – 6.658000000 —
42.913557333845 – 40.736752841543 —
– —
6.776 – 1781386200

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