AVAX/USDT – 30M – SELL

Next a ‘Rising Wedge Chart Pattern’ chart formation is discovered. The chart picture shows ‘Rising Wedge Chart Pattern’. this is a bearish pattern signal. The currency pair is likely to fall.

The combination Avalanche/Tether (AVAX/USDT) moves from the bullish trendline downwards

A bearish descent down to the next support at 9.25 will continue.

Caution: A possible counter-trend in the direction of the resistance zone at 9.53 could occur.
Consider stop-loss settings accordingly.

Next a ‘Resistance Level’ indicator signal is discovered. The indicator shows ‘Resistance Level’. which is often a bearish chart scenario. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will continue. Current target is 9.245 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of support at 9.53 could occur.
Consider stop-loss settings accordingly.

9.53 – 9.44 – 9.33 – 9.25 – 9.15 – 9.05 —
9.460000000 – 9.390000000 —
66.228151007399 – 53.995321694523 —
– —
9.53 – 1776771000

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