The currency pair Avalanche/Tether (AVAX/USDT) breaks through the bearish trendline upwards
A bullish trend up to the next resistance line at 44.770000000 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 42.630000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Three White Soldiers’ candlestick pattern is detected. The candles show ‘Three White Soldiers’. which is a positive signal. The 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 | |
2nd High | 47.930000000 |
Next High | 44.770000000 |
Current Price | 44.830000000 |
Next Low | 42.630000000 |
2nd Low | 41.510000000 |
3rd Low | 40.680000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three White Soldiers