AVAX/USDT – 30M – BUYThe pair Avalanche/Tether (AVAX/USDT) moves from the ascending trendline up.
A continuation of the upward movement up to the next resistance level at 53.840000000 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 50.720000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Three White Soldiers’ candlestick chart pattern is discovered. The candles show ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 55.410000000 |
| 2nd High | 54.030000000 |
| Next High | 53.840000000 |
| Current Price | 53.200000000 |
| Next Low | 50.720000000 |
| 2nd Low | 49.570000000 |
| 3rd Low | 42.780000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three White Soldiers