The pair Avalanche/Tether (AVAX/USDT) breaks through the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance level at 7.079 is certain.
Caution: A possible counter-trend in the direction of support at 6.376 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Three White Soldiers’ candle pattern is detected. The chart shows ‘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 chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 8.372 |
| 2nd High | 7.858 |
| Next High | 7.079 |
| Current Price | 6.840000000 |
| Next Low | 6.376 |
| 2nd Low | 6.301 |
| 3rd Low |
7.079 – 6.805 – 6.776 – 6.376 – 6.54 – 6.52 —
7.004000000 – 6.861000000 —
49.397403148541 – 40.085899141436 —
– —
7.079 – 1781541000
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three White Soldiers – – –