Buy AVAX/USDT – 30M – BUY

The pair Avalanche/Tether (AVAX/USDT) moves from the ascending trendline downwards

A bearish descent down to the next support line at 43.400000000 is likely expected.

Caution: A possible change in the direction of the resistance level at 44.570000000 should always be considered.
Consider stop-loss settings accordingly.

Also there is a ‘Stick Sandwich’ candlestick pattern is detected. The candles form ‘Stick Sandwich’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Stick Sandwich’ heading up is 62% (Bull Market) & 63% (Bear Market).

Support & Resistance Price Range*
3rd High 50.840000000
2nd High 45.050000000
Next High 44.570000000
Current Price 43.730000000
Next Low 43.400000000
2nd Low 42.030000000
3rd Low 41.240000000

Download AVAX/USDT Signal Image

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