AVAX/USDT – 30M – SELL

The combination Avalanche/Tether (AVAX/USDT) goes from the ascending trendline downwards

A descending movement down to the next support at 6.717 will continue.

Caution: A possible counter-trend in the direction of the resistance zone at 6.88 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘StochRSI %K line crosses below %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair is likely to fall.

Also there is a ‘Three Black Crows’ candlestick chart pattern is detected. The candles form ‘Three Black Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

6.88 – 6.88 – 6.814 – 6.717 – 6.613 – 6.561 —
6.907000000 – 6.895000000 —
67.014275835742 – 49.44341568979 —
– —
6.88 – 1783049400

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