AVAX/USDT – 30M – BUYThe currency pair Avalanche/Tether (AVAX/USDT) breaks through the bearish trendline up.
An ascending movement up to the next resistance line at 37.460000000 is likely expected.
Caution: A possible trend reversal in the direction of the support zone at 35.500000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Three Outside Up’ candlestick chart pattern is detected. The candles show ‘Three Outside Up’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 39.370000000 |
| 2nd High | 37.940000000 |
| Next High | 37.460000000 |
| Current Price | 36.810000000 |
| Next Low | 35.500000000 |
| 2nd Low | 34.950000000 |
| 3rd Low | 34.940000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Outside Up