AVAX/USDT – 1H – SELL

There is also a ‘Rising Wedge Chart Pattern’ chart layout is detected. The chart picture forms ‘Rising Wedge Chart Pattern’. this is a bearish chart scenario. The currency pair is likely to go down.

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

A bearish movement downwards to the next support level at 9.54 is certain.

Caution: A possible change in the direction of resistance at 10.34 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bearish trend halted around the Fibonacci 0.5-Level.Continuation of the current descending trend is certain. Current target is 9.43848 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the support level at 10.34 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

10.34 – 10.32 – 10.13 – 9.54 – 9.95 – 9.53 —
9.900000000 – 9.850000000 —
39.882908714784 – 42.669911439829 —
– —
10.34 – 1770148800

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