AVAX/USDT – 30M – SELL

Also there is a ‘Rising Wedge Chart Pattern’ chart layout is discovered. The chart picture shows ‘Rising Wedge Chart Pattern’. this is a bearish signal. The currency pair is likely to fall.

The currency pair Avalanche/Tether (AVAX/USDT) jumps from the ascending trendline down.

The bearish trend downwards to the next support at is certain.

Caution: A possible counter-trend in the direction of resistance at 26.570000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart scenario. The pair is likely to go down.

Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is certain. Current target is 24.48 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the support line at 26.570000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

26.570000000 – 26.300000000 – 26.770000000 – 24.920000000 – 25.220000000 – 24.690000000 — 48.500947319184 – 42.444003892889

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