AVAX/USDT – 30M – SELL

And also a ‘Rising Wedge Chart Pattern’ chart pattern is found. The chart picture forms ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The currency pair is likely to fall.

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

A descent down to the next support level at 24.740000000 will continue.

Caution: A possible counter-trend in the direction of the resistance line at 26.460000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘RSI fall below 70’ indicator signal is found. The indicator shows ‘RSI fall below 70’. this is usually a bearish signal. The pair is likely to go down.

And also a ‘Two Crows’ candle pattern is detected. The candles show ‘Two Crows’. this 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 probability of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

26.460000000 – 25.260000000 – 25.770000000 – 24.740000000 – 24.850000000 – 22.960000000 — 71.636166030242 – 64.573685852133

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