AVAX/USDT – 30M – BUYThe combination Avalanche/Tether (AVAX/USDT) breaks through the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance line at 9.38 is likely expected.
Caution: A possible change in the direction of the support zone at 9.09 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Three White Soldiers’ candlestick pattern is discovered. The chart shows ‘Three White Soldiers’. which 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 ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.57 |
| 2nd High | 9.45 |
| Next High | 9.38 |
| Current Price | 9.470000000 |
| Next Low | 9.09 |
| 2nd Low | 8.99 |
| 3rd Low | 8.97 |
9.38 – 9.13 – 9.25 – 9.09 – 8.99 – 8.97 —
9.370000000 – 9.430000000 —
65.294967304376 – 68.618776261789 —
– —
9.38 – 1777867200
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three White Soldiers – – –