AVAX/USDT – 30M – SELL

Also there is a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a negative signal. The currency pair is likely to go down.

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

A bearish descent down to the next support at 14.24 will persist.

Caution: A possible reversal of the trend in the direction of the resistance zone at 14.83 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 14.37 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 14.83 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Two Crows’ candle chart pattern is existing. The candles show ‘Two Crows’. which is a negative pattern signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Two Crows’ heading down is 54% (Bull Market) & 58% (Bear Market).

14.83 – 14.75 – 14.53 – 14.24 – 14.25 – 13.91 — 52.763244753917 – 51.532751461931 — 62.578827367265 – 74.454086128985 – 47.572545916131 – 62.844509828568

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