Buy AVAX/USDT – 30M – BUY

The currency pair Avalanche/Tether (AVAX/USDT) breaks through the descending trendline up.

A bullish trend up to the next resistance level at 46.490000000 is certain.

Caution: A possible counter-trend in the direction of the support level at 40.400000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Three White Soldiers’ candlestick pattern is found. The chart forms ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High 54.390000000
2nd High 50.980000000
Next High 46.490000000
Current Price 44.980000000
Next Low 40.400000000
2nd Low 38.500000000
3rd Low 38.310000000

Download AVAX/USDT Signal Image

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