AVAX/USDT – 30M – BUYThe pair Avalanche/Tether (AVAX/USDT) breaks through the bearish trendline upwards
An ascent up to the next resistance level at 40.810000000 will persist.
Caution: A possible counter-trend in the direction of support at 36.970000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Bullish Engulfing’ chart pattern is discovered. The chart shows ‘Bullish Engulfing’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Engulfing’ going up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 50.840000000 |
| 2nd High | 41.900000000 |
| Next High | 40.810000000 |
| Current Price | 37.510000000 |
| Next Low | 36.970000000 |
| 2nd Low | 35.520000000 |
| 3rd Low | 35.180000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Bullish Engulfing