AVAX/USDT – 1H – SELL

Then a ‘Rising Wedge Chart Pattern’ chart layout is found. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a bearish signal. The currency pair is likely to go down.

The currency pair Avalanche/Tether (AVAX/USDT) moves from the bullish trendline down.

A descending movement downwards to the next support line at 24.020000000 will continue.

Caution: A possible trend reversal in the direction of the resistance line at 24.820000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘StochRSI fall below 80’ indicator signal is detected. The indicator shows ‘StochRSI fall below 80’. which could be a negative chart signal. The currency pair is likely to fall.

Then a ‘Last Engulfing Top’ chart pattern is found. The candles form ‘Last Engulfing Top’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Last Engulfing Top’ heading down is 68% (Bull Market) & 67% (Bear Market).

24.820000000 – 23.700000000 – 22.400000000 – 24.020000000 – 21.950000000 – 21.440000000 — 54.936968810952 – 45.916324462127

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