AVAX/USDT – 30M – SELL

There is also a ‘Triple top chart pattern’ chart layout is existing. The chart picture forms ‘Triple top chart pattern’. this is a bearish pattern signal. The currency pair is likely to fall.

The combination Avalanche/Tether (AVAX/USDT) jumps from the bearish trendline down.

A continuation of the bearish trend downwards to the next support line at 22.190000000 is considered certain.

Caution: A possible counter-trend in the direction of the resistance zone at 24.120000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which is often a bearish signal. The currency pair is likely to fall.

Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend is considered certain. Current target is 22.4 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the support zone at 24.120000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Matching Low’ candle pattern is existing. The candles form ‘Matching Low’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

24.120000000 – 23.670000000 – 24.510000000 – 22.400000000 – 23.100000000 – 23.880000000 — 25.421510110483 – 24.846290079732

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Matching Low – Triple top chart pattern –