Also there is a ‘Rising Wedge Chart Pattern’ chart formation is found. The chart shows ‘Rising Wedge Chart Pattern’. which is a bearish pattern signal. The currency pair is likely to fall.
The pair Avalanche/Tether (AVAX/USDT) moves from the ascending trendline downwards
The bearish trend downwards to the next support line at is likely expected.
Caution: A possible trend reversal in the direction of resistance at 24.820000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The pair is likely to go down.
Also there is a ‘StochRSI fall below 80’ indicator signal is found. The indicator is ‘StochRSI fall below 80’. this is usually a bearish chart signal. The pair is likely to go down.
Also there is a ‘Three Black Crows’ candle pattern is detected. The chart shows ‘Three Black Crows’. which is a negative 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%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 27.380000000 |
| 2nd High | 25.510000000 |
| Next High | 24.820000000 |
| Current Price | 24.070000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
24.820000000 – 24.800000000 – 23.610000000 – 24.020000000 – 23.040000000 – 22.190000000 — 43.776016170475 – 41.522810557065
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Black Crows – Rising Wedge Chart Pattern – –