AVAX/USDT – 30M – SELL

Additionally a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The formation shows ‘Rising Wedge Chart Pattern’. which is a bearish signal. The pair is likely to go down.

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

A descending movement downwards to the next support at 25.070000000 will continue.

Caution: A possible counter-trend in the direction of the resistance zone at 26.530000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The currency pair could go down.

Additionally a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The currency pair is likely to fall.

26.530000000 – 25.550000000 – 25.230000000 – 25.070000000 – 24.520000000 – 23.310000000

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