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