The currency pair Avalanche/Tether (AVAX/USDT) breaks through the ascending trendline upwards
A continuation of the bullish trend up to the next resistance line at 10.01 is likely expected.
Caution: A possible counter-trend in the direction of the support zone at 9.17 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The currency pair is likely to rise.
In addition a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The pair is likely to go up.
In addition a ‘Three White Soldiers’ candlestick chart pattern is detected. The candles show ‘Three White Soldiers’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 10.51 |
| 2nd High | 10.36 |
| Next High | 10.01 |
| Current Price | 9.580000000 |
| Next Low | 9.17 |
| 2nd Low | 9.15 |
| 3rd Low | 9.05 |
9.53 – 9.44 – 9.33 – 9.17 – 9.25 – 9.15 —
9.320000000 – 9.410000000 —
45.21349592763 – 55.039348374131 —
– —
9.53 – 1776771000
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three White Soldiers – – –