AVAX/USDT – 1H – BUYThe pair Avalanche/Tether (AVAX/USDT) breaks through the bullish trendline up.
A continuation of the bullish trend up to the next resistance level at 42.380000000 will continue.
Caution: A possible reversal of the trend in the direction of the support zone at 38.800000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
In addition a ‘Three White Soldiers’ candle chart pattern is existing. The chart shows ‘Three White Soldiers’. 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 success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 50.860000000 |
| 2nd High | 50.840000000 |
| Next High | 42.380000000 |
| Current Price | 42.020000000 |
| Next Low | 38.800000000 |
| 2nd Low | 34.940000000 |
| 3rd Low | 34.870000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three White Soldiers