The currency pair Avalanche/Tether (AVAX/USDT) breaks through the bearish trendline upwards
A bullish movement upwards to the next resistance line at 45.360000000 is likely expected.
Caution: A possible change in the direction of the support level at 42.780000000 should always be considered.
Consider stop-loss settings accordingly.
In addition a ‘Three White Soldiers’ candle pattern is found. The chart forms ‘Three White Soldiers’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 50.980000000 |
2nd High | 46.490000000 |
Next High | 45.360000000 |
Current Price | 44.400000000 |
Next Low | 42.780000000 |
2nd Low | 41.320000000 |
3rd Low | 40.400000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three White Soldiers