AVAX/USDT – 30M – SELL

Furthermore a ‘Rising Wedge Chart Pattern’ chart pattern is detected. The chart picture shows ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The pair is likely to go down.

The pair Avalanche/Tether (AVAX/USDT) moves from the ascending trendline downwards

A bearish movement down to the next support level at 20.810000000 will persist.

Caution: A possible trend reversal in the direction of the resistance line at 21.530000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Two Crows’ candle pattern is existing. The candles show ‘Two Crows’. this is a bearish pattern signal. The currency pair is likely to go down. 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).

21.530000000 – 21.220000000 – 18.590000000 – 20.810000000 – 20.720000000 – 17.690000000

Trading Signals: FOREX – AVAX – AVAX/USDT – USDT – Two Crows – Rising Wedge Chart Pattern