Buy AVAX/USDT – 1H – BUY

The pair Avalanche/Tether (AVAX/USDT) breaks through the bullish trendline upwards

A continuation of the bullish trend upwards to the next resistance level at 41.900000000 will continue.

Caution: A possible counter-trend in the direction of the support zone at 38.800000000 could be enabled.
Consider stop-loss settings accordingly.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Target of the current trend is 40.6 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance zone at 41.900000000 could be enabled.
Consider stop-loss settings accordingly.

Also there is a ‘Three White Soldiers’ candlestick chart pattern is discovered. The candles show ‘Three White Soldiers’. this 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 White Soldiers’ going up is 82%.

Support & Resistance Price Range*
3rd High 50.860000000
2nd High 50.840000000
Next High 41.900000000
Current Price 41.310000000
Next Low 38.800000000
2nd Low 34.940000000
3rd Low 34.870000000

Download AVAX/USDT Signal Image

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