AVAX/USDT – 30M – SELL

Next a ‘Triple top chart pattern’ chart layout is detected. The chart shows ‘Triple top chart pattern’. which is a negative pattern signal. The currency pair is likely to fall.

The combination Avalanche/Tether (AVAX/USDT) goes from the descending trendline downwards

A continuation of the downward movement downwards to the next support at 22.190000000 will persist.

Caution: A possible change in the direction of the resistance zone at 24.120000000 could be enabled.
Consider stop-loss settings accordingly.

Next a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which could be a negative chart signal. The currency pair could go down.

Correction of the major bearish trend halted around the Fibonacci 0-Level.Continuation of the current descending trend will persist. Target of the current trend is 22.4 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the support zone at 24.120000000 could be enabled.
Consider stop-loss settings accordingly.

Next a ‘Matching Low’ candle pattern is detected. The chart forms ‘Matching Low’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ going 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 –