AVAX/USDT – 4H – SELL

And also a ‘Rising Wedge Chart Pattern’ chart layout is detected. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The pair is likely to go down.

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

A descending movement down to the next support line at 22.530000000 will persist.

Caution: A possible trend reversal in the direction of the resistance zone at 27.380000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘RSI fall below 30’ indicator signal is found. The indicator is ‘RSI fall below 30’. which could be a negative signal. The currency pair could go down.

And also a ‘Three Black Crows’ chart pattern is found. The chart forms ‘Three Black Crows’. which is a negative signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

27.380000000 – 26.530000000 – 21.530000000 – 22.530000000 – 20.390000000 – 17.500000000 — 41.119209360085 – 37.716403187192

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