The pair Avalanche/Tether (AVAX/USDT) moves from the bullish trendline upwards
A continuation of the upward movement up to the next resistance line at 22.850000000 is certain.
Caution: A possible counter-trend in the direction of support at 21.630000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘StochRSI cross above 20’ indicator signal is found. The indicator is ‘StochRSI cross above 20’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Besides a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which is often a bullish chart scenario. The currency pair is likely to rise.
Besides a ‘Bullish Belt Hold’ candle pattern is detected. The chart shows ‘Bullish Belt Hold’. which 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 ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 24.510000000 |
| 2nd High | 24.120000000 |
| Next High | 22.850000000 |
| Current Price | 21.850000000 |
| Next Low | 21.630000000 |
| 2nd Low | 21.580000000 |
| 3rd Low | 20.690000000 |
22.850000000 – 24.120000000 – 23.670000000 – 21.630000000 – 21.580000000 – 21.630000000 — 35.023545440974 – 42.248408506363
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Bullish Belt Hold – – –