The pair Avalanche/Tether (AVAX/USDT) goes from the bearish trendline up.
A bullish trend up to the next resistance line at 9.48 is expected.
Caution: A possible change in the direction of support at 8.25 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘StochRSI %K line crosses above %D line’ indicator signal is existing. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. The currency pair is likely to rise.
In addition a ‘Three Outside Up’ candlestick chart pattern is existing. The chart shows ‘Three Outside Up’. this is a bullish 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 Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.96 |
| 2nd High | 9.84 |
| Next High | 9.48 |
| Current Price | 8.940000000 |
| Next Low | 8.25 |
| 2nd Low | 8.18 |
| 3rd Low | 7.55 |
9.48 – 9.84 – 9.82 – 9.31 – 9.41 – 8.25 —
8.980000000 – 8.900000000 —
31.569737999907 – 30.225948480856 —
– —
9.48 – 1772164800
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Outside Up – – –