The pair Avalanche/Tether (AVAX/USDT) breaks through the bearish trendline upwards
An ascending movement up to the next resistance at 15.27 is expected.
Caution: A possible counter-trend in the direction of the support level at could occur.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive signal. The pair is likely to go up.
Then a ‘%K crosses above %D’ indicator layout is existing. The indicator is ‘%K crosses above %D’. which could be a positive signal. The pair is likely to go up.
Then a ‘Three White Soldiers’ candlestick chart pattern is existing. The chart forms ‘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 chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 18.61 |
| 2nd High | 15.86 |
| Next High | 15.27 |
| Current Price | 14.780000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
15.27 – 15.86 – 18.61 – 12.54 – 12.57 – 14.84 — 64.815055111405 – 68.534373217615 — 98.788601185193 – 100 – 98.788601185193 – 99.192400790128
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three White Soldiers – – –