Buy AVAX/USDT – 30M – BUY

The currency pair Avalanche/Tether (AVAX/USDT) moves from the ascending trendline upwards

A continuation of the upward movement up to the next resistance line at 47.930000000 will continue.

Caution: A possible counter-trend in the direction of the support zone at 38.500000000 should be noted.
Consider stop-loss settings accordingly.

There is also a ‘Bullish Engulfing’ candle chart pattern is existing. The candles show ‘Bullish Engulfing’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Engulfing’ heading up is 63%.

Support & Resistance Price Range*
3rd High
2nd High
Next High 47.930000000
Current Price 42.310000000
Next Low 38.500000000
2nd Low 38.310000000
3rd Low 35.180000000

Download AVAX/USDT Signal Image

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