The combination Avalanche/Tether (AVAX/USDT) breaks through the descending trendline upwards
The bullish trend upwards to the next resistance at 42.640000000 is certain.
Caution: A possible change in the direction of the support zone at 38.500000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Three White Soldiers’ chart pattern is existing. The candles show ‘Three White Soldiers’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | |
2nd High | 47.930000000 |
Next High | 42.640000000 |
Current Price | 42.040000000 |
Next Low | 38.500000000 |
2nd Low | 38.310000000 |
3rd Low | 35.180000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three White Soldiers