AVAX/USDT – 30M – SELL

Also there is a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The chart forms ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The pair is likely to go down.

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

A bearish movement down to the next support at 25.070000000 is likely expected.

Caution: A possible counter-trend in the direction of the resistance line at 26.530000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 24.77 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of support at 26.530000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Three Black Crows’ candlestick pattern is detected. The candles form ‘Three Black Crows’. which is a bearish chart scenario. 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%.

26.530000000 – 25.550000000 – 25.230000000 – 25.070000000 – 24.520000000 – 23.310000000

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