AVAX/USDT – 1H – BUYThe pair Avalanche/Tether (AVAX/USDT) breaks through the bearish trendline upwards
The bullish trend up to the next resistance level at 44.250000000 is likely expected.
Caution: A possible trend reversal in the direction of support at 41.510000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Bullish Engulfing’ candlestick pattern is existing. The chart shows ‘Bullish Engulfing’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 47.930000000 |
| 2nd High | 44.470000000 |
| Next High | 44.250000000 |
| Current Price | 44.030000000 |
| Next Low | 41.510000000 |
| 2nd Low | 38.500000000 |
| 3rd Low | 38.310000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Bullish Engulfing