AVAX/USDT – 30M – BUYThe currency pair Avalanche/Tether (AVAX/USDT) moves from the ascending trendline down.
A bearish descent down to the next support level at 43.400000000 will continue.
Caution: A possible counter-trend in the direction of the resistance level at 44.570000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Three Outside Up’ candlestick pattern is detected. The candles show ‘Three Outside Up’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 50.840000000 |
| 2nd High | 45.050000000 |
| Next High | 44.570000000 |
| Current Price | 43.990000000 |
| Next Low | 43.400000000 |
| 2nd Low | 42.030000000 |
| 3rd Low | 41.240000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Outside Up