Buy AVAX/USDT – 1H – BUY

The currency pair breaks through the bullish trendline up.

A continuation of the uptrend up to the next resistance at 30.850000000 is expected.

Caution: A possible change in the direction of the support zone at 28.490000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Current target is 29.79 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance zone at 30.850000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Three White Soldiers’ candlestick pattern is existing. The candles form ‘Three White Soldiers’. 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 White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High
2nd High
Next High 30.850000000
Current Price 30.370000000
Next Low 28.490000000
2nd Low 26.510000000
3rd Low 22.350000000

Download AVAX/USDT Signal Image

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