AVAX/USDT – 4H – BUYThe currency pair Avalanche/Tether (AVAX/USDT) breaks through the ascending trendline up.
A continuation of the bullish trend up to the next resistance line at is considered certain.
Caution: A possible change in the direction of support at 28.220000000 should be noted.
Consider stop-loss settings accordingly.
Additionally a ‘Three White Soldiers’ chart pattern is detected. The candles show ‘Three White Soldiers’. this 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 probability of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 35.480000000 |
| Next Low | 28.220000000 |
| 2nd Low | 23.860000000 |
| 3rd Low | 22.670000000 |
31.250000000 – 29.990000000 – 25.780000000 – 28.220000000 – 28.250000000 – 23.860000000 — 79.038099256672 – 79.875521884796
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three White Soldiers – – –