AVAX/USDT – 30M – BUYIn addition a ‘Double bottom chart pattern’ chart pattern is found. The chart picture forms ‘Double bottom chart pattern’. which is a positive chart scenario. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Current target is 30.56812 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance zone at 31.000000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
In addition a ‘Three White Soldiers’ candlestick pattern is detected. The chart shows ‘Three White Soldiers’. which is a bullish signal. The currency 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 | |
| 2nd High | 31.250000000 |
| Next High | 31.000000000 |
| Current Price | 30.500000000 |
| Next Low | 29.380000000 |
| 2nd Low | 29.170000000 |
| 3rd Low | 28.290000000 |
30.260000000 – 31.000000000 – 30.450000000 – 29.380000000 – 29.530000000 – 29.670000000 — 58.053466916478 – 67.796167171255
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three White Soldiers – Double bottom chart pattern – –