AVAX/USDT – 30M – BUYThe pair breaks through the bullish trendline upwards
A continuation of the bullish trend up to the next resistance level at 29.650000000 is considered certain.
Caution: A possible change in the direction of the support line at 27.510000000 could be enabled.
Consider stop-loss settings accordingly.
Also there is a ‘Three White Soldiers’ chart pattern is discovered. The candles form ‘Three White Soldiers’. which is a positive chart scenario. The currency 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 | 29.870000000 |
| 2nd High | 29.750000000 |
| Next High | 29.650000000 |
| Current Price | 29.490000000 |
| Next Low | 27.510000000 |
| 2nd Low | 27.100000000 |
| 3rd Low | 26.510000000 |