Sell AVAX/USDT – 30M – SELL

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

The bearish trend downwards to the next support level at 6.376 will continue.

Caution: A possible change in the direction of the resistance level at 6.805 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The currency pair is likely to fall.

Then a ‘Two Crows’ candle pattern is existing. The chart forms ‘Two 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 likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 7.858
2nd High 6.882
Next High 6.805
Current Price 7.013000000
Next Low 6.376
2nd Low 6.301
3rd Low

6.805 – 6.776 – 6.769 – 6.376 – 6.54 – 6.52 —
6.952000000 – 7.073000000 —
71.273401918789 – 74.010846202296 —
– —
6.805 – 1781481600

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