AVAX/USDT – 30M – SELL

In addition a ‘Rising Wedge Chart Pattern’ chart layout is detected. The chart forms ‘Rising Wedge Chart Pattern’. which is a negative signal. The pair is likely to go down.

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

A bearish movement downwards to the next support level at 24.740000000 is certain.

Caution: A possible counter-trend in the direction of the resistance level at 26.460000000 should be noted.
Consider stop-loss settings accordingly.

In addition a ‘RSI fall below 70’ indicator signal is found. The indicator is ‘RSI fall below 70’. this is usually a bearish chart scenario. The currency pair is likely to fall.

In addition a ‘Two Crows’ chart pattern is existing. The chart forms ‘Two Crows’. which is a negative pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Two Crows’ going down is 54% (Bull Market) & 58% (Bear Market).

26.460000000 – 25.260000000 – 25.770000000 – 24.740000000 – 24.850000000 – 22.960000000 — 71.636166030242 – 64.573685852133

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