AVAX/USDT – 30M – BUYThe combination Avalanche/Tether (AVAX/USDT) breaks through the bearish trendline up.
A bullish trend upwards to the next resistance level at 37.060000000 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 35.530000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Latter Bottom’ chart pattern is found. The chart forms ‘Latter Bottom’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Latter Bottom’ heading up is 56% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 38.140000000 |
| 2nd High | 37.730000000 |
| Next High | 37.060000000 |
| Current Price | 36.970000000 |
| Next Low | 35.530000000 |
| 2nd Low | 35.520000000 |
| 3rd Low | 35.180000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Latter Bottom