Sell AVAX/USDT – 30M – SELL

Also there is a ‘Rising Wedge Chart Pattern’ chart pattern is detected. The formation shows ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to fall.

The combination Avalanche/Tether (AVAX/USDT) jumps from the ascending trendline downwards

A descending movement downwards to the next support level at 24.020000000 is certain.

Caution: A possible change in the direction of the resistance level at 24.820000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘StochRSI fall below 80’ indicator layout is found. The indicator shows ‘StochRSI fall below 80’. this is usually a bearish signal. The pair is likely to go down.

Also there is a ‘Three Outside Down’ candle chart pattern is found. The candles show ‘Three Outside Down’. which is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Down’ heading down is 69% (Bull Market) & 70% (Bear Market).

Support & Resistance Price Range*
3rd High 27.380000000
2nd High 25.510000000
Next High 24.820000000
Current Price 24.130000000
Next Low 24.020000000
2nd Low 23.040000000
3rd Low 22.190000000

24.820000000 – 24.800000000 – 23.610000000 – 24.020000000 – 23.040000000 – 22.190000000 — 46.99686282475 – 42.156360852185

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