AVAX/USDT – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Target of the current trend is 40.6 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance zone at 40.600000000 should always be considered.
Consider stop-loss settings accordingly.
Next a ‘Three Outside Up’ candlestick chart pattern is detected. The candles form ‘Three Outside Up’. which 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 ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 50.840000000 |
| 2nd High | 41.900000000 |
| Next High | 40.600000000 |
| Current Price | 39.660000000 |
| Next Low | 34.940000000 |
| 2nd Low | 34.870000000 |
| 3rd Low | 32.310000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Outside Up