The pair Avalanche/Tether (AVAX/USDT) breaks through the bearish trendline upwards
A bullish movement upwards to the next resistance at 9.38 is certain.
Caution: A possible counter-trend in the direction of the support level at 9.070000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The currency pair could go up.
Next a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which could be a positive chart scenario. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 9.68 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance line at 9.38 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Three White Soldiers’ candlestick chart pattern is existing. The chart shows ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.68 |
| 2nd High | 9.48 |
| Next High | 9.38 |
| Current Price | 9.270000000 |
| Next Low | 9.070000000 |
| 2nd Low | 7.55 |
| 3rd Low |
9.38 – 9.38 – 9.48 – 9.070000000 – 9.15 – 7.55 —
9.140000000 – 9.170000000 —
36.786973345853 – 46.337190317414 —
9.070000000 – 1770534000 —
9.38 – 1770489000
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three White Soldiers – – –