AVAX/USDT – 30M – BUYThe combination Avalanche/Tether (AVAX/USDT) jumps from the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance level at 14.78 will persist.
Caution: A possible trend reversal in the direction of the support level at should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The pair is likely to go up.
Additionally a ‘Tweezers Bottom’ chart pattern is found. The chart shows ‘Tweezers Bottom’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Tweezers Bottom’ going up is 52% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 14.86 |
| 2nd High | 14.83 |
| Next High | 14.78 |
| Current Price | 14.530000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
14.78 – 14.83 – 14.75 – 14.4 – 14.28 – 14.24 — 48.056563813689 – 53.81570310674 — 35.992408285965 – 69.325741619298 – 16.485849068686 – 39.594429608452
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Tweezers Bottom – – –