AVAX/USDT – 30M – SELLIn addition a ‘Rising Wedge Chart Pattern’ chart formation is detected. The formation shows ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to go down.
The combination Avalanche/Tether (AVAX/USDT) moves from the ascending trendline downwards
A bearish trend downwards to the next support level at 19.420000000 will continue.
Caution: A possible change in the direction of the resistance zone at 22.660000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 25.980000000 |
| 2nd High | 24.350000000 |
| Next High | 22.660000000 |
| Current Price | 19.840000000 |
| Next Low | 19.420000000 |
| 2nd Low | 18.730000000 |
| 3rd Low | 18.710000000 |
19.930000000 – 19.860000000 – 19.260000000 – 19.420000000 – 18.730000000 – 18.770000000