The pair Avalanche/Tether (AVAX/USDT) jumps from the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance level at 31.000000000 will continue.
Caution: A possible reversal of the trend in the direction of support at could occur.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The currency pair could go up.
There is also a ‘Three Line Strike – Bullish’ candle pattern is found. The candles form ‘Three Line Strike – Bullish’. which is a positive signal. 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 Line Strike – Bullish’ going up is 83% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 31.250000000 |
| Next High | 31.000000000 |
| Current Price | 30.040000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
31.000000000 – 30.450000000 – 29.020000000 – 29.670000000 – 29.170000000 – 28.290000000 — 45.475197293036 – 48.529553513039
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Line Strike – Bullish – – –