Sell AVAX/USDT – 30M – SELL

And also a ‘Rising Wedge Chart Pattern’ chart layout is existing. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a bearish signal. The pair is likely to go down.

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

A bearish movement downwards to the next support at 23.860000000 will continue.

Caution: A possible trend reversal in the direction of the resistance zone at 25.330000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Two Crows’ candle pattern is existing. The chart forms ‘Two Crows’. which is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

Support & Resistance Price Range*
3rd High 26.770000000
2nd High 26.570000000
Next High 25.330000000
Current Price 24.620000000
Next Low 23.860000000
2nd Low 23.160000000
3rd Low 23.110000000

25.330000000 – 24.620000000 – 24.350000000 – 23.860000000 – 23.160000000 – 23.110000000 — 54.194353808092 – 45.920481234759

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