AVAX/USDT – 30M – SELL

And also a ‘Rising Wedge Chart Pattern’ chart pattern is existing. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The currency pair is likely to fall.

The combination Avalanche/Tether (AVAX/USDT) goes from the bullish trendline down.

A descent downwards to the next support at 21.770000000 is likely expected.

Caution: A possible reversal of the trend in the direction of the resistance line at 22.400000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Northern Doji’ candle chart pattern is detected. The chart forms ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

22.400000000 – 22.310000000 – 22.850000000 – 21.770000000 – 21.570000000 – 21.440000000 — 48.445389693253 – 44.063085148776

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern – –