AVAX/USDT – 30M – SELL

Additionally a ‘Rising Wedge Chart Pattern’ chart pattern is found. The formation shows ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The currency pair is likely to go down.

The combination Avalanche/Tether (AVAX/USDT) jumps from the ascending trendline downwards

A bearish trend down to the next support line at 14.24 will continue.

Caution: A possible change in the direction of resistance at 14.83 should be noted.
Consider stop-loss settings accordingly.

Additionally a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The pair is likely to go down.

14.83 – 14.75 – 14.53 – 14.24 – 14.25 – 13.91 — 49.87926408933 – 49.307092630089 — 28.470222761024 – 27.74789109461 – 19.815372914813 – 25.066087454328

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