AVAX/USDT – 30M – BUYThe currency pair Avalanche/Tether (AVAX/USDT) jumps from the ascending trendline down.
A bearish descent downwards to the next support at 38.800000000 will persist.
Caution: A possible change in the direction of the resistance zone at 40.600000000 should always be considered.
Consider stop-loss settings accordingly.
Besides a ‘Three White Soldiers’ chart pattern is existing. The chart shows ‘Three White Soldiers’. this is a bullish signal. The currency 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’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 41.900000000 |
| 2nd High | 40.810000000 |
| Next High | 40.600000000 |
| Current Price | 39.950000000 |
| Next Low | 38.800000000 |
| 2nd Low | 34.950000000 |
| 3rd Low | 34.940000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three White Soldiers