Buy AVAX/USDT – 30M – BUY

The pair Avalanche/Tether (AVAX/USDT) breaks through the bearish trendline up.

The bullish trend upwards to the next resistance at 6.193 is considered certain.

Caution: A possible reversal of the trend in the direction of the support level at 5.681 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Three White Soldiers’ candlestick pattern is detected. The chart shows ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High 7.018
2nd High 6.804
Next High 6.193
Current Price 5.980000000
Next Low 5.681
2nd Low
3rd Low

6.193 – 6.804 – 7.018 – 5.681 – 5.968 – 6.214 —
5.947000000 – 5.968000000 —
45.175026796705 – 47.923970254054 —
– —
6.193 – 1781875800

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