AVAX/USDT – 30M – SELLMoreover a ‘Rising Wedge Chart Pattern’ chart formation is existing. The chart forms ‘Rising Wedge Chart Pattern’. which is a bearish signal. The currency pair is likely to go down.
The currency pair Avalanche/Tether (AVAX/USDT) goes from the bullish trendline downwards
A descent downwards to the next support at 22.400000000 is certain.
Caution: A possible counter-trend in the direction of resistance at 23.240000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 25.980000000 |
| 2nd High | 24.350000000 |
| Next High | 23.240000000 |
| Current Price | 22.420000000 |
| Next Low | 22.400000000 |
| 2nd Low | 21.870000000 |
| 3rd Low | 21.610000000 |
23.240000000 – 23.020000000 – 22.580000000 – 22.400000000 – 21.870000000 – 21.610000000
Trading Signals: FOREX – AVAX – AVAX/USDT – USDT – – Rising Wedge Chart Pattern