AVAX/USDT – 1H – SELL

And also a ‘Rising Wedge Chart Pattern’ chart layout is found. The chart picture shows ‘Rising Wedge Chart Pattern’. which is a negative signal. The pair is likely to go down.

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

A bearish descent downwards to the next support level at 9.48 is expected.

Caution: A possible counter-trend in the direction of resistance at 9.96 should be noted.
Consider stop-loss settings accordingly.

And also a ‘MACD crosses below signal’ indicator signal is existing. The indicator is ‘MACD crosses below signal’. which is often a bearish signal. The pair is likely to go down.

And also a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair could go down.

And also a ‘Three Inside Down’ candle chart pattern is found. The candles form ‘Three Inside Down’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Inside Down’ going down is 60% (Bull Market) & 63% (Bear Market).

9.96 – 9.53 – 9.02 – 9.48 – 9.31 – 8.69 —
9.630000000 – 9.860000000 —
54.393939091354 – 58.888860404151 —
– —
9.96 – 1773158400

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