AVAX/USDT – 30M – SELL

Next a ‘Rising Wedge Chart Pattern’ chart pattern is detected. The chart picture shows ‘Rising Wedge Chart Pattern’. this is a bearish signal. The pair is likely to go down.

The pair Avalanche/Tether (AVAX/USDT) goes from the ascending trendline down.

A bearish trend down to the next support line at 6.717 is likely expected.

Caution: A possible trend reversal in the direction of the resistance level at 6.88 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Matching Low’ chart pattern is detected. The candles show ‘Matching Low’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Matching Low’ going up is 61% (Bull & Bear Market).

6.88 – 6.814 – 6.758 – 6.717 – 6.613 – 6.561 —
6.812000000 – 6.880000000 —
56.728061712742 – 63.937321658452 —
– —
6.88 – 1782999000

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