AVAX/USDT – 30M – SELL

There is also a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The chart forms ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The currency pair is likely to fall.

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

A bearish descent downwards to the next support line at 9.17 is likely expected.

Caution: A possible change in the direction of the resistance zone at 9.68 should always be considered.
Consider stop-loss settings accordingly.

There is also a ‘Three Outside Down’ candle pattern is detected. The candles form ‘Three Outside Down’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ going down is 69% (Bull Market) & 70% (Bear Market).

9.68 – 9.53 – 9.44 – 9.17 – 9.25 – 9.15 —
9.600000000 – 9.580000000 —
58.210009210696 – 58.118851047719 —
– —
9.68 – 1776835800

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Outside Down – Rising Wedge Chart Pattern – –