The currency pair Avalanche/Tether (AVAX/USDT) breaks through the bullish trendline upwards
A continuation of the uptrend up to the next resistance level at 24.690000000 is expected.
Caution: A possible change in the direction of the support zone at 23.510000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bullish signal. The pair is likely to go up.
Then a ‘Bullish Belt Hold’ candle pattern is discovered. The chart shows ‘Bullish Belt Hold’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 25.330000000 |
| 2nd High | 25.200000000 |
| Next High | 24.690000000 |
| Current Price | 24.490000000 |
| Next Low | 23.510000000 |
| 2nd Low | 22.670000000 |
| 3rd Low | 22.190000000 |
24.690000000 – 24.280000000 – 24.330000000 – 23.510000000 – 22.670000000 – 22.860000000 — 54.873757592585 – 59.143601537843
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Bullish Belt Hold – – –