Buy AVAX/USDT – 30M – BUY

The combination Avalanche/Tether (AVAX/USDT) breaks through the bearish trendline upwards

A bullish movement upwards to the next resistance at 52.130000000 will persist.

Caution: A possible trend reversal in the direction of the support level at 49.730000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Three White Soldiers’ candlestick pattern is detected. The candles form ‘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 chance of ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High 55.790000000
2nd High 53.080000000
Next High 52.130000000
Current Price 51.460000000
Next Low 49.730000000
2nd Low 47.800000000
3rd Low 43.650000000

Download AVAX/USDT Signal Image

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