AVAX/USDT – 30M – BUYThe combination Avalanche/Tether (AVAX/USDT) moves from the descending trendline upwards
A bullish ascent up to the next resistance line at 23.480000000 will persist.
Caution: A possible reversal of the trend in the direction of the support zone at 22.190000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Bullish Belt Hold’ candle chart pattern is existing. The candles show ‘Bullish Belt Hold’. 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 likelyhood of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 25.330000000 |
| 2nd High | 24.140000000 |
| Next High | 23.480000000 |
| Current Price | 22.850000000 |
| Next Low | 22.190000000 |
| 2nd Low | 21.950000000 |
| 3rd Low | 21.770000000 |
23.480000000 – 24.140000000 – 24.090000000 – 22.860000000 – 23.360000000 – 24.020000000 — 49.992632707502 – 55.398606465666
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Bullish Belt Hold – – –