AVAX/USDT – 30M – BUYThe pair Avalanche/Tether (AVAX/USDT) breaks through the bearish trendline upwards
The bullish trend up to the next resistance at 37.930000000 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 35.950000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Three Outside Up’ candle pattern is found. The chart shows ‘Three Outside Up’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘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 | 37.930000000 |
| Current Price | 36.790000000 |
| Next Low | 35.950000000 |
| 2nd Low | 35.500000000 |
| 3rd Low | 34.950000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Outside Up