AVAX/USDT – 4H – SELLNext a ‘Rising Wedge Chart Pattern’ chart pattern is existing. The formation shows ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to fall.
The pair Avalanche/Tether (AVAX/USDT) goes from the ascending trendline down.
A descent down to the next support line at 28.250000000 will continue.
Caution: A possible reversal of the trend in the direction of the resistance level at 31.250000000 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 31.250000000 |
| Current Price | 29.900000000 |
| Next Low | 28.250000000 |
| 2nd Low | 23.860000000 |
| 3rd Low | 22.670000000 |
31.250000000 – 29.990000000 – 25.780000000 – 28.250000000 – 23.860000000 – 22.670000000 — 60.271579405838 – 55.122229138702
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – – Rising Wedge Chart Pattern – –