AVAX/USDT – 4H – BUYThe pair Avalanche/Tether (AVAX/USDT) breaks through the descending trendline up.
A bullish ascent up to the next resistance level at 54.390000000 is considered certain.
Caution: A possible trend reversal in the direction of support at 40.400000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Three White Soldiers’ chart pattern is found. The chart forms ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to go up. 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 | 55.790000000 |
| Next High | 54.390000000 |
| Current Price | 53.060000000 |
| Next Low | 40.400000000 |
| 2nd Low | 38.500000000 |
| 3rd Low | 38.310000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three White Soldiers