AVAX/USDT – 1H – SELL

Also there is a ‘Rising Wedge Chart Pattern’ chart pattern is found. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The currency pair is likely to fall.

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

A bearish movement down to the next support at 24.740000000 is considered certain.

Caution: A possible reversal of the trend in the direction of resistance at 26.530000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘RSI fall below 30’ indicator signal is existing. The indicator shows ‘RSI fall below 30’. which is often a bearish chart signal. The pair is likely to go down.

Also there is a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bearish signal. The pair is likely to go down.

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

25.770000000 – 24.440000000 – 26.100000000 – 24.740000000 – 22.870000000 – 22.530000000 — 44.663235946635 – 43.043030289638

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern –