AVAX/USDT – 30M – SELL

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

A bearish movement down to the next support level at 13.47 is expected.

Caution: A possible change in the direction of resistance at 14 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Matching Low’ candlestick chart pattern is discovered. The candles show ‘Matching Low’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ going up is 61% (Bull & Bear Market).

14 – 14.22 – 13.99 – 13.47 – 13.39 – 13.51 — 81.081897341537 – 79.966881022827 — 89.500893997446 – 85.014559386973 – 92.136568752661 – 88.92601106854

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Matching Low – – –