The pair Avalanche/Tether (AVAX/USDT) breaks through the ascending trendline upwards
A continuation of the upward movement up to the next resistance line at will persist.
Caution: A possible reversal of the trend in the direction of the support line at 22.530000000 should always be considered.
Consider stop-loss settings accordingly.
Furthermore a ‘RSI fall below 70’ indicator layout is found. The indicator shows ‘RSI fall below 70’. this is usually a bearish chart signal. The currency pair could go down.
Furthermore a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The currency pair is likely to rise.
Furthermore a ‘Three White Soldiers’ candlestick chart pattern is discovered. The chart forms ‘Three White Soldiers’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 27.040000000 |
| Next Low | 22.530000000 |
| 2nd Low | 20.390000000 |
| 3rd Low | 17.500000000 |
26.530000000 – 21.530000000 – 19.170000000 – 22.530000000 – 20.390000000 – 17.500000000 — 70.402974442958 – 73.671943912361
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three White Soldiers – –