AVAX/USDT – 1H – SELL

Furthermore a ‘Rising Wedge Chart Pattern’ chart pattern is detected. The formation shows ‘Rising Wedge Chart Pattern’. which is a negative chart scenario. The currency pair is likely to fall.

The currency pair Avalanche/Tether (AVAX/USDT) moves from the bearish trendline downwards

A continuation of the downward movement down to the next support at 6.613 will persist.

Caution: A possible counter-trend in the direction of the resistance level at 6.88 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. this is usually a bearish chart scenario. The currency pair could go down.

6.88 – 6.814 – 6.727 – 6.613 – 6.561 – 6.427 —
6.790000000 – 6.823000000 —
56.779691539296 – 60.79596538428 —
– —
6.88 – 1782997200

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