AVAX/USDT – 30M – BUYCorrection of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 42.86 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of resistance at 42.860000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Bullish Belt Hold’ chart pattern is detected. The candles form ‘Bullish Belt Hold’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 50.860000000 |
| 2nd High | 50.840000000 |
| Next High | 42.860000000 |
| Current Price | 42.670000000 |
| Next Low | 41.240000000 |
| 2nd Low | 40.890000000 |
| 3rd Low | 39.340000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Bullish Belt Hold