AVAX/USDT – 30M – SELL

Furthermore a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The chart forms ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to fall.

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

A descending movement down to the next support at 24.750000000 is considered certain.

Caution: A possible reversal of the trend in the direction of resistance at 25.990000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Northern Doji’ candlestick chart pattern is detected. The candles show ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

25.990000000 – 25.440000000 – 24.900000000 – 24.750000000 – 24.370000000 – 22.760000000 — 46.752045073577 – 41.745397172027

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