AVAX/USDT – 30M – SELL

Additionally a ‘Rising Wedge Chart Pattern’ chart layout is detected. The chart picture forms ‘Rising Wedge Chart Pattern’. this is a bearish signal. The currency pair is likely to go down.

The combination Avalanche/Tether (AVAX/USDT) jumps from the bullish trendline down.

The bearish trend downwards to the next support at 24.710000000 is likely expected.

Caution: A possible trend reversal in the direction of the resistance level at 26.100000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘RSI fall below 30’ indicator layout is detected. The indicator shows ‘RSI fall below 30’. which could be a negative chart scenario. The currency pair is likely to fall.

Additionally a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.

26.100000000 – 26.090000000 – 26.530000000 – 24.710000000 – 24.770000000 – 24.830000000

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