AVAX/USDT – 4H – SELL

Furthermore a ‘Rising Wedge Chart Pattern’ chart layout is detected. The formation shows ‘Rising Wedge Chart Pattern’. this is a bearish signal. The currency pair is likely to go down.

The combination Avalanche/Tether (AVAX/USDT) goes from the ascending trendline down.

A bearish movement down to the next support level at 28.220000000 is certain.

Caution: A possible change in the direction of resistance at 35.810000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Three Black Crows’ candle pattern is discovered. The candles show ‘Three Black Crows’. this is a bearish pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Black Crows’ going down is 82%.

35.810000000 – 31.250000000 – 29.990000000 – 28.220000000 – 28.250000000 – 23.860000000 — 54.824809881664 – 53.389014862369

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