Sell AVAX/USDT – 30M – SELL

There is also a ‘Rising Wedge Chart Pattern’ chart pattern is discovered. The formation 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) goes from the ascending trendline downwards

A bearish trend downwards to the next support level at 25.220000000 will continue.

Caution: A possible reversal of the trend in the direction of the resistance level at 26.770000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Southern Doji’ candle pattern is found. The candles form ‘Southern Doji’. this 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 chance of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High 27.380000000
Next High 26.770000000
Current Price 26.050000000
Next Low 25.220000000
2nd Low 24.690000000
3rd Low 22.190000000

26.770000000 – 25.400000000 – 23.220000000 – 25.220000000 – 24.690000000 – 22.190000000 — 55.005789531476 – 54.672189789537

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