Buy AVAX/USDT – 4H – BUY

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Current target is 47.93 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of resistance at 44.470000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Three White Soldiers’ candle pattern is existing. The candles form ‘Three White Soldiers’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High
2nd High 47.930000000
Next High 44.470000000
Current Price 44.450000000
Next Low 38.500000000
2nd Low 38.310000000
3rd Low 32.310000000

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