The combination Avalanche/Tether (AVAX/USDT) goes from the bearish trendline up.
A bullish movement up to the next resistance line at 35.630000000 will persist.
Caution: A possible change in the direction of the support line at 34.060000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Target of the current trend is 35.82568 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of resistance at 35.630000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Three White Soldiers’ chart pattern is discovered. The chart forms ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 36.160000000 |
2nd High | 36.110000000 |
Next High | 35.630000000 |
Current Price | 34.590000000 |
Next Low | 34.060000000 |
2nd Low | 31.150000000 |
3rd Low | 30.590000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three White Soldiers