AVAX/USDT – 1H – SELL

Next a ‘Rising Wedge Chart Pattern’ chart layout is found. The chart shows ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to fall.

The combination Avalanche/Tether (AVAX/USDT) goes from the bullish trendline down.

A bearish trend downwards to the next support level at 14.24 will continue.

Caution: A possible trend reversal in the direction of resistance at 14.83 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘%K crosses below %D’ indicator layout is found. The indicator is ‘%K crosses below %D’. which could be a negative chart signal. The currency pair could go down.

Next a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which is often a bearish signal. The currency pair could go down.

14.83 – 14.75 – 14.53 – 14.24 – 13.91 – 12.23 — 53.145964764539 – 49.348903498447 — 46.034245449033 – 32.171689989236 – 40.821703916568 – 39.834406478335

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