AVAX/USDT – 30M – SELL

Also there is a ‘Triple top chart pattern’ chart formation is existing. The chart shows ‘Triple top chart pattern’. this is a bearish pattern signal. The pair is likely to go down.

The combination Avalanche/Tether (AVAX/USDT) goes from the bearish trendline downwards

A continuation of the downtrend downwards to the next support level at 22.190000000 is likely expected.

Caution: A possible counter-trend in the direction of the resistance level at 24.120000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. which is often a bearish signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is likely expected. Target of the current trend is 22.4 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support level at 24.120000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Matching Low’ candle pattern is found. The chart shows ‘Matching Low’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ going 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 –