Also there is a ‘Rising Wedge Chart Pattern’ chart layout is found. The chart picture shows ‘Rising Wedge Chart Pattern’. this is a bearish signal. The pair is likely to go down.
The combination Avalanche/Tether (AVAX/USDT) moves from the ascending trendline downwards
A bearish movement down to the next support at 13.03 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 13.44 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 13.99 |
| 2nd High | 13.46 |
| Next High | 13.44 |
| Current Price | 13.320000000 |
| Next Low | 13.03 |
| 2nd Low | 12.57 |
| 3rd Low |
13.44 – 13.39 – 13.34 – 13.03 – 13.18 – 12.57 — 54.575702528951 – 52.994849131152 — 42.781777320687 – 49.672418390279 – 30.347642809076 – 41.786970377989
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – – Rising Wedge Chart Pattern – –