The combination Avalanche/Tether (AVAX/USDT) jumps from the ascending trendline upwards
A continuation of the uptrend up to the next resistance at 47.930000000 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 38.500000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Three White Soldiers’ chart pattern is found. The candles form ‘Three White Soldiers’. which is a positive pattern signal. 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 | |
2nd High | |
Next High | 47.930000000 |
Current Price | 43.730000000 |
Next Low | 38.500000000 |
2nd Low | 38.310000000 |
3rd Low | 32.310000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three White Soldiers