AVAX/USDT – 30M – SELL

Moreover a ‘Rising Wedge Chart Pattern’ chart formation is found. The chart picture forms ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to fall.

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

A bearish movement downwards to the next support at 14.28 will persist.

Caution: A possible counter-trend in the direction of the resistance zone at 14.83 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Moreover a ‘%K crosses below %D’ indicator layout is existing. The indicator shows ‘%K crosses below %D’. which is often a bearish chart signal. The pair is likely to go down.

14.83 – 14.75 – 14.53 – 14.28 – 14.24 – 14.25 — 54.933962085539 – 48.536024914828 — 76.204264870932 – 71.854096520763 – 68.524261341812 – 72.371118593341

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