AVAX/USDT – 30M – SELL

Also there is a ‘Rising Wedge Chart Pattern’ chart pattern is existing. The chart shows ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to go down.

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

A continuation of the bearish trend downwards to the next support level at 24.130000000 is likely expected.

Caution: A possible counter-trend in the direction of the resistance line at 25.080000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which could be a negative signal. The currency pair is likely to fall.

Correction of the major bullish trend broke the Fibonacci 0.24-Level.Continuation of the current descending trend is likely expected. Current target is 24.595 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of support at 25.080000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Three Black Crows’ chart pattern is found. The candles show ‘Three Black Crows’. this is a bearish chart scenario. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Black Crows’ going down is 82%.

25.080000000 – 24.970000000 – 25.330000000 – 24.130000000 – 24.390000000 – 24.240000000 — 49.568619189169 – 47.294686400134

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