AVAX/USDT – 30M – SELL

Moreover a ‘Rising Wedge Chart Pattern’ chart pattern is existing. The chart shows ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The pair is likely to go down.

The pair Avalanche/Tether (AVAX/USDT) goes from the ascending trendline downwards

A descent downwards to the next support at 14.21 is likely expected.

Caution: A possible counter-trend in the direction of resistance at 14.86 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Three Black Crows’ candle chart pattern is existing. The candles form ‘Three Black Crows’. which 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 ‘Three Black Crows’ heading down is 82%.

14.86 – 14.79 – 15.09 – 14.21 – 14.68 – 13.87 — 42.127072756392 – 39.367480349319 — 65.334006677328 – 39.839787376043 – 79.063257681334 – 61.475718296701

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