The currency pair Avalanche/Tether (AVAX/USDT) breaks through the bearish trendline up.
A bullish ascent up to the next resistance level at 36.110000000 is likely expected.
Caution: A possible reversal of the trend in the direction of support at 34.060000000 is also possible.
Consider stop-loss settings accordingly.
In addition a ‘Three White Soldiers’ candlestick pattern is found. The chart shows ‘Three White Soldiers’. which is a positive signal. 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’ going up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 37.270000000 |
2nd High | 36.160000000 |
Next High | 36.110000000 |
Current Price | 34.880000000 |
Next Low | 34.060000000 |
2nd Low | 31.150000000 |
3rd Low | 30.590000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three White Soldiers