Sell AVAX/USDT – 30M – SELL

There is also a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The chart shows ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The pair is likely to go down.

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

A bearish descent downwards to the next support level at 24.020000000 is certain.

Caution: A possible trend reversal in the direction of resistance at 24.820000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘StochRSI fall below 80’ indicator signal is found. The indicator shows ‘StochRSI fall below 80’. which could be a negative signal. The currency pair is likely to fall.

There is also a ‘Three Outside Down’ candlestick chart pattern is detected. The candles show ‘Three Outside Down’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

Support & Resistance Price Range*
3rd High 27.380000000
2nd High 25.510000000
Next High 24.820000000
Current Price 24.130000000
Next Low 24.020000000
2nd Low 23.040000000
3rd Low 22.190000000

24.820000000 – 24.800000000 – 23.610000000 – 24.020000000 – 23.040000000 – 22.190000000 — 46.99686282475 – 42.156360852185

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