The currency pair Avalanche/Tether (AVAX/USDT) breaks through the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance level at 9.57 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 9.33 is also possible.
Consider stop-loss settings accordingly.
Then a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The currency pair could go up.
Then a ‘Three White Soldiers’ candle chart pattern is discovered. The chart forms ‘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 success rate of a ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 10.01 |
| 2nd High | 9.68 |
| Next High | 9.57 |
| Current Price | 9.560000000 |
| Next Low | 9.33 |
| 2nd Low | 9.09 |
| 3rd Low | 8.99 |
9.52 – 9.38 – 9.13 – 9.33 – 9.09 – 8.99 —
9.430000000 – 9.500000000 —
47.69808832839 – 61.758710762052 —
– —
9.52 – 1777987800
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three White Soldiers – – –