AVAX/USDT – 30M – SELL

There is also a ‘Rising Wedge Chart Pattern’ chart formation is existing. The chart picture forms ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The pair is likely to go down.

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

A bearish trend downwards to the next support at 9.26 will continue.

Caution: A possible trend reversal in the direction of the resistance line at 9.570000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

There is also a ‘Last Engulfing Bottom:’ chart pattern is existing. The chart forms ‘Last Engulfing Bottom:’. this is a bearish signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Last Engulfing Bottom:’ heading down is 65% (Bull Market) & 67% (Bear Market).

9.570000000 – 9.45 – 9.54 – 9.26 – 9.21 – 9.37 —
9.570000000 – 9.480000000 —
66.844155403429 – 47.383745677825 —
9.570000000 – 1776281400 —
– 1776281400

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