AVAX/USDT – 30M – BUYThe currency pair Avalanche/Tether (AVAX/USDT) jumps from the bullish trendline down.
A bearish trend down to the next support line at 37.570000000 will persist.
Caution: A possible reversal of the trend in the direction of the resistance line at 39.370000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Bullish Belt Hold’ candle chart pattern is existing. The candles show ‘Bullish Belt Hold’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 44.570000000 |
| 2nd High | 44.190000000 |
| Next High | 39.370000000 |
| Current Price | 38.270000000 |
| Next Low | 37.570000000 |
| 2nd Low | 34.950000000 |
| 3rd Low | 34.940000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Bullish Belt Hold