AVAX/USDT – 1H – BUYThe currency pair Avalanche/Tether (AVAX/USDT) jumps from the ascending trendline up.
A continuation of the upward movement up to the next resistance at 47.930000000 is expected.
Caution: A possible counter-trend in the direction of the support level at 38.500000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Three White Soldiers’ candle pattern is detected. The candles show ‘Three White Soldiers’. 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 chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 47.930000000 |
| Current Price | 42.720000000 |
| Next Low | 38.500000000 |
| 2nd Low | 38.310000000 |
| 3rd Low | 32.310000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three White Soldiers