AVAX/USDT – 1H – SELL

There is also a ‘Rising Wedge Chart Pattern’ chart pattern is found. The formation shows ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The currency pair is likely to fall.

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

A descending movement down to the next support at 28.220000000 is expected.

Caution: A possible reversal of the trend in the direction of resistance at 31.000000000 could be enabled.
Consider stop-loss settings accordingly.

There is also a ‘Northern Doji’ candle chart pattern is discovered. The chart shows ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

31.000000000 – 30.410000000 – 30.640000000 – 28.220000000 – 28.960000000 – 29.270000000 — 48.485397390888 – 46.578151787004

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