Sell AVAX/USDT – 1H – SELL

Then a ‘Rising Wedge Chart Pattern’ chart layout is found. The chart forms ‘Rising Wedge Chart Pattern’. which is a negative pattern signal. The pair is likely to go down.

The currency pair Avalanche/Tether (AVAX/USDT) jumps from the ascending trendline down.

A descending movement downwards to the next support at 20.990000000 will persist.

Caution: A possible trend reversal in the direction of the resistance line at 22.080000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which is often a bearish chart scenario. The currency pair could go down.

Support & Resistance Price Range*
3rd High 24.350000000
2nd High 22.660000000
Next High 22.080000000
Current Price 21.200000000
Next Low 20.990000000
2nd Low 20.180000000
3rd Low 17.690000000

22.080000000 – 21.080000000 – 21.530000000 – 20.990000000 – 20.180000000 – 20.320000000

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