AVAX/USDT – 30M – SELL

Also there is a ‘Triple top chart pattern’ chart pattern is discovered. The chart forms ‘Triple top chart pattern’. which is a negative chart scenario. The pair is likely to go down.

The currency pair Avalanche/Tether (AVAX/USDT) moves from the descending trendline down.

A continuation of the bearish trend down to the next support line at 22.190000000 is likely expected.

Caution: A possible trend reversal in the direction of resistance at 24.120000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which is often a bearish signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 22.4 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of support at 24.120000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Matching Low’ candle pattern is existing. The chart shows ‘Matching Low’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ going up is 61% (Bull & Bear Market).

24.120000000 – 23.670000000 – 24.510000000 – 22.400000000 – 23.100000000 – 23.880000000 — 25.421510110483 – 24.846290079732

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Matching Low – Triple top chart pattern –