AVAX/USDT – 1H – SELLAnd also a ‘Rising Wedge Chart Pattern’ chart layout is discovered. The formation shows ‘Rising Wedge Chart Pattern’. which is a bearish chart scenario. The pair is likely to go down.
The combination Avalanche/Tether (AVAX/USDT) moves from the ascending trendline down.
A bearish movement downwards to the next support line at 8.86 is expected.
Caution: A possible counter-trend in the direction of the resistance line at 9.48 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 10.34 |
| 2nd High | 9.84 |
| Next High | 9.48 |
| Current Price | 9.140000000 |
| Next Low | 8.86 |
| 2nd Low | 8.85 |
| 3rd Low | 8.42 |
9.48 – 9.43 – 9.84 – 8.86 – 8.85 – 8.42 —
9.030000000 – 9.320000000 —
41.239234318988 – 60.612186261594 —
– —
9.48 – 1772467200
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – – Rising Wedge Chart Pattern – –