Sell AVAX/USDT – 30M – SELL

Also there is a ‘Rising Wedge Chart Pattern’ chart formation is found. The chart shows ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to fall.

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

The bearish trend downwards to the next support line at is likely expected.

Caution: A possible trend reversal in the direction of resistance at 24.820000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The pair is likely to go down.

Also there is a ‘StochRSI fall below 80’ indicator signal is found. The indicator is ‘StochRSI fall below 80’. this is usually a bearish chart signal. The pair is likely to go down.

Also there is a ‘Three Black Crows’ candle pattern is detected. The chart shows ‘Three Black Crows’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

Support & Resistance Price Range*
3rd High 27.380000000
2nd High 25.510000000
Next High 24.820000000
Current Price 24.070000000
Next Low
2nd Low
3rd Low

24.820000000 – 24.800000000 – 23.610000000 – 24.020000000 – 23.040000000 – 22.190000000 — 43.776016170475 – 41.522810557065

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