AVAX/USDT – 30M – SELL

Then a ‘Triple top chart pattern’ chart formation is discovered. The chart forms ‘Triple top chart pattern’. which is a negative signal. The currency pair is likely to fall.

The currency pair Avalanche/Tether (AVAX/USDT) jumps from the bearish trendline downwards

A continuation of the bearish trend down to the next support level at 22.190000000 is expected.

Caution: A possible change in the direction of resistance at 24.120000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. this is usually a bearish signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is expected. Target of the current trend is 22.4 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support line at 24.120000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Matching Low’ chart pattern is existing. The chart forms ‘Matching Low’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

24.120000000 – 23.670000000 – 24.510000000 – 22.400000000 – 23.100000000 – 23.880000000 — 25.421510110483 – 24.846290079732

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Matching Low – Triple top chart pattern –