AVAX/USDT – 30M – SELL

Then a ‘Triple top chart pattern’ chart formation is discovered. The chart forms ‘Triple top chart pattern’. which is a bearish pattern signal. The currency pair is likely to go down.

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

A continuation of the downward movement downwards to the next support level at 22.190000000 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 24.120000000 is also possible.
Consider stop-loss settings accordingly.

Then a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is likely expected. Current target is 22.4 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of support at 24.120000000 is also possible.
Consider stop-loss settings accordingly.

Then a ‘Matching Low’ candle pattern is found. The candles show ‘Matching Low’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance 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 –