AVAX/USDT – 30M – SELL

Then a ‘Triple top chart pattern’ chart layout is existing. The chart picture forms ‘Triple top chart pattern’. which is a negative chart scenario. The currency pair is likely to go down.

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

A continuation of the downward movement down to the next support line at 22.190000000 is expected.

Caution: A possible trend reversal in the direction of the resistance line at 24.120000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. this is usually a bearish chart scenario. 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 expected. Current target is 22.4 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the support zone at 24.120000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Matching Low’ candlestick pattern is existing. The chart forms ‘Matching Low’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood 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 –