AVAX/USDT – 30M – SELLAdditionally a ‘Rising Wedge Chart Pattern’ chart pattern is detected. The chart picture shows ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to go down.
The pair Avalanche/Tether (AVAX/USDT) moves from the bullish trendline downwards
The bearish trend down to the next support line at 22.400000000 is likely expected.
Caution: A possible change in the direction of the resistance zone at 23.240000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| 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