The pair Avalanche/Tether (AVAX/USDT) breaks through the ascending trendline up.
A continuation of the uptrend up to the next resistance level at 9.71 will persist.
Caution: A possible reversal of the trend in the direction of the support zone at 9.26 should always be considered.
Consider stop-loss settings accordingly.
There is also a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which could be a positive signal. The currency pair is likely to rise.
There is also a ‘Three White Soldiers’ candlestick chart pattern is detected. The chart forms ‘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’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 10.36 |
| 2nd High | 9.8 |
| Next High | 9.71 |
| Current Price | 9.860000000 |
| Next Low | 9.26 |
| 2nd Low | 9.21 |
| 3rd Low | 8.97 |
9.57 – 9.54 – 9.71 – 9.26 – 9.21 – 8.97 —
9.450000000 – 9.550000000 —
47.179728456446 – 55.238566222169 —
– —
9.57 – 1776279600
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three White Soldiers – – –