AVAX/USDT – 1H – BUYThe currency pair Avalanche/Tether (AVAX/USDT) breaks through the ascending trendline upwards
A continuation of the uptrend upwards to the next resistance level at 27.380000000 is certain.
Caution: A possible counter-trend in the direction of the support level at 24.900000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Three White Soldiers’ chart pattern is found. The chart shows ‘Three White Soldiers’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 27.380000000 |
| Current Price | 28.380000000 |
| Next Low | 24.900000000 |
| 2nd Low | 24.260000000 |
| 3rd Low | 24.090000000 |
26.360000000 – 25.800000000 – 24.730000000 – 24.900000000 – 24.260000000 – 24.090000000 — 79.795751783397 – 81.43525423855
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three White Soldiers – – –