AVAX/USDT – 30M – BUYThe currency pair moves from the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance line at 29.790000000 is expected.
Caution: A possible trend reversal in the direction of the support line at 27.510000000 could happen.
Consider stop-loss settings accordingly.
In addition a ‘Three White Soldiers’ candlestick pattern is existing. The candles form ‘Three White Soldiers’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 30.760000000 |
| 2nd High | 29.870000000 |
| Next High | 29.790000000 |
| Current Price | 29.360000000 |
| Next Low | 27.510000000 |
| 2nd Low | 27.100000000 |
| 3rd Low | 26.510000000 |