AVAX/USDT – 30M – BUYThe currency pair Avalanche/Tether (AVAX/USDT) goes from the ascending trendline up.
A continuation of the bullish trend up to the next resistance level at 24.690000000 will persist.
Caution: A possible change in the direction of the support line at 24.260000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Bullish Belt Hold’ candlestick pattern is existing. The candles form ‘Bullish Belt Hold’. this 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’ going up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 25.110000000 |
| 2nd High | 24.730000000 |
| Next High | 24.690000000 |
| Current Price | 24.620000000 |
| Next Low | 24.260000000 |
| 2nd Low | 24.090000000 |
| 3rd Low | 23.860000000 |
24.690000000 – 24.730000000 – 24.620000000 – 24.260000000 – 24.380000000 – 24.090000000 — 50.969787332993 – 57.700727527585
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Bullish Belt Hold – – –