AVAX/USDT – 1H – SELL

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

The combination Avalanche/Tether (AVAX/USDT) goes from the bullish trendline downwards

The bearish trend downwards to the next support at is certain.

Caution: A possible trend reversal in the direction of the resistance zone at 31.000000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish signal. The currency pair is likely to fall.

Additionally a ‘Three Black Crows’ candlestick pattern is detected. The candles show ‘Three Black Crows’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ heading down is 82%.

31.000000000 – 30.410000000 – 30.640000000 – 28.220000000 – 28.960000000 – 29.270000000 — 43.915483114943 – 41.974770395185

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –