The combination Avalanche/Tether (AVAX/USDT) goes from the descending trendline up.
A bullish ascent up to the next resistance line at 10.34 is expected.
Caution: A possible change in the direction of the support level at 9.16 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which is often a bullish chart scenario. The pair is likely to go up.
In addition a ‘Three White Soldiers’ chart pattern is detected. The chart shows ‘Three White Soldiers’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 14.95 |
| 2nd High | 12.27 |
| Next High | 10.34 |
| Current Price | 9.300000000 |
| Next Low | 9.16 |
| 2nd Low | 8.52 |
| 3rd Low |
10.34 – 12.27 – 14.95 – 9.16 – 11.23 – 11.88 —
9.090000000 – 9.380000000 —
20.693145110875 – 46.523304821857 —
– —
10.34 – 1770148800
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three White Soldiers – – –