AVAX/USDT – 30M – SELL

In addition a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart scenario. The currency pair is likely to fall.

In addition a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is considered certain. Target of the current trend is 6.52 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the support zone at 6.776 could be enabled.
Consider stop-loss settings accordingly.

In addition a ‘Three Black Crows’ candlestick pattern is detected. The candles form ‘Three Black Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

6.776 – 6.769 – 6.686 – 6.54 – 6.52 – 6.527 —
6.615000000 – 6.548000000 —
29.810707038344 – 25.564695065165 —
– —
6.776 – 1781386200

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