AVAX/USDT – 1H – SELL

Furthermore a ‘Rising Wedge Chart Pattern’ chart layout is existing. The formation shows ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to go down.

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

A bearish descent down to the next support at 24.740000000 will continue.

Caution: A possible trend reversal in the direction of the resistance line at 26.530000000 could happen.
Consider stop-loss settings accordingly.

Furthermore a ‘RSI fall below 30’ indicator signal is found. The indicator shows ‘RSI fall below 30’. which could be a negative chart signal. The currency pair could go down.

Furthermore a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which could be a negative signal. The currency pair could go down.

Furthermore a ‘Three Black Crows’ candle chart pattern is existing. The candles form ‘Three Black Crows’. which is a negative pattern signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ going down is 82%.

25.770000000 – 24.440000000 – 26.100000000 – 24.740000000 – 22.870000000 – 22.530000000 — 44.663235946635 – 43.043030289638

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern –