AVAX/USDT – 30M – SELL

Furthermore a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 1-Level.Continuation of the current descending trend will persist. Target of the current trend is 6.783058 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of support at 6.88 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Two Crows’ candlestick chart pattern is detected. The chart forms ‘Two Crows’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

6.88 – 6.814 – 6.758 – 6.717 – 6.613 – 6.561 —
6.814000000 – 6.869000000 —
58.561689898887 – 69.812378464136 —
– —
6.88 – 1782999000

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Two Crows – – –