AVAX/USDT – 4H – SELL

Besides a ‘Rising Wedge Chart Pattern’ chart formation is found. The chart shows ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to fall.

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

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

Caution: A possible change in the direction of the resistance zone at 25.990000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish signal. The currency pair could go down.

Besides a ‘Collapsing Doji Star’ candle pattern is detected. The candles show ‘Collapsing Doji Star’. this is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Collapsing Doji Star’ going down is 63% (Bull Market).

25.990000000 – 24.820000000 – 27.380000000 – 23.180000000 – 22.760000000 – 21.440000000 — 46.120133168225 – 42.074392105272

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