The pair Avalanche/Tether (AVAX/USDT) breaks through the descending trendline up.
A bullish trend upwards to the next resistance line at 34.410000000 is expected.
Caution: A possible trend reversal in the direction of support at 32.310000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Three White Soldiers’ candle pattern is existing. The candles form ‘Three White Soldiers’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ going up is 82%.
Support & Resistance | Price Range* |
---|---|
3rd High | 36.110000000 |
2nd High | 35.750000000 |
Next High | 34.410000000 |
Current Price | 35.430000000 |
Next Low | 32.310000000 |
2nd Low | 31.150000000 |
3rd Low | 30.590000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three White Soldiers