The currency pair Avalanche/Tether (AVAX/USDT) breaks through the bullish trendline up.
A continuation of the uptrend upwards to the next resistance level at 10.01 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 9.37 could be enabled.
Consider stop-loss settings accordingly.
Furthermore a ‘Three White Soldiers’ chart pattern is discovered. The chart forms ‘Three White Soldiers’. which is a positive chart scenario. 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 | 10.51 |
| 2nd High | 10.36 |
| Next High | 10.01 |
| Current Price | 10.080000000 |
| Next Low | 9.37 |
| 2nd Low | 9.36 |
| 3rd Low | 9.33 |
9.7 – 9.74 – 9.52 – 9.37 – 9.45 – 9.36 —
9.940000000 – 10.010000000 —
76.45269885765 – 73.466652402543 —
– —
9.7 – 1778139000
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three White Soldiers – – –