AVAX/USDT – 1H – BUY

The currency pair Avalanche/Tether (AVAX/USDT) jumps from the bullish trendline downwards

The bearish trend down to the next support level at 32.310000000 is considered certain.

Caution: A possible counter-trend in the direction of the resistance level at 45.270000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 45.27 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance level at 45.270000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

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

Download AVAX/USDT Signal Image

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three White Soldiers