The pair Avalanche/Tether (AVAX/USDT) breaks through the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance at 25.440000000 will continue.
Caution: A possible reversal of the trend in the direction of support at 24.370000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Three White Soldiers’ candle pattern is existing. The candles show ‘Three White Soldiers’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 27.380000000 |
| 2nd High | 25.510000000 |
| Next High | 25.440000000 |
| Current Price | 25.230000000 |
| Next Low | 24.370000000 |
| 2nd Low | 22.760000000 |
| 3rd Low | 22.190000000 |
25.440000000 – 24.900000000 – 24.600000000 – 24.370000000 – 22.760000000 – 23.540000000 — 50.980729332731 – 57.376764278978
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three White Soldiers – Triple bottom chart pattern – –