The combination Avalanche/Tether (AVAX/USDT) breaks through the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance line at 40.600000000 is likely expected.
Caution: A possible change in the direction of the support line at 39.340000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Three White Soldiers’ candlestick chart pattern is discovered. The chart shows ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 41.900000000 |
2nd High | 40.810000000 |
Next High | 40.600000000 |
Current Price | 41.920000000 |
Next Low | 39.340000000 |
2nd Low | 38.800000000 |
3rd Low | 34.950000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three White Soldiers