AVAX/USDT – 30M – BUYThe combination Avalanche/Tether (AVAX/USDT) jumps from the bullish trendline upwards
A continuation of the upward movement up to the next resistance at 13.75 is certain.
Caution: A possible change in the direction of support at 13.48 could happen.
Consider stop-loss settings accordingly.
Besides a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The currency pair could go up.
Besides a ‘Bullish Belt Hold’ candlestick pattern is found. The candles form ‘Bullish Belt Hold’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 14.52 |
| 2nd High | 13.91 |
| Next High | 13.75 |
| Current Price | 13.720000000 |
| Next Low | 13.48 |
| 2nd Low | 13.27 |
| 3rd Low | 12.96 |
13.75 – 13.91 – 13.85 – 13.48 – 13.27 – 12.96 — 44.142378429278 – 56.940705395952 — 27.488374683176 – 44.903960457987 – 24.289530665403 – 32.070106599779
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Bullish Belt Hold – – –