AVAX/USDT – 4H – BUYThe currency pair Avalanche/Tether (AVAX/USDT) moves from the bullish trendline downwards
A bearish trend down to the next support level at 35.520000000 will persist.
Caution: A possible trend reversal in the direction of the resistance line at 41.900000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Matching Low’ candle chart pattern is discovered. The chart forms ‘Matching Low’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 55.790000000 |
| 2nd High | 55.410000000 |
| Next High | 41.900000000 |
| Current Price | 36.180000000 |
| Next Low | 35.520000000 |
| 2nd Low | 32.310000000 |
| 3rd Low | 30.590000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Matching Low