AVAX/USDT – 1H – BUYCorrection of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Target of the current trend is 55.79 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance zone at 55.790000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Three Line Strike – Bullish’ candlestick pattern is detected. The candles show ‘Three Line Strike – Bullish’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Line Strike – Bullish’ heading up is 83% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 55.790000000 |
| Current Price | 52.840000000 |
| Next Low | 49.730000000 |
| 2nd Low | 43.650000000 |
| 3rd Low | 41.510000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Line Strike – Bullish