Buy AVAX/USDT – 1H – BUY

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

A continuation of the bullish trend up to the next resistance line at 50.840000000 is certain.

Caution: A possible trend reversal in the direction of the support level at 41.240000000 could be enabled.
Consider stop-loss settings accordingly.

There is also a ‘Three White Soldiers’ candlestick pattern is discovered. The chart forms ‘Three White Soldiers’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.

Support & Resistance Price Range*
3rd High 52.050000000
2nd High 50.860000000
Next High 50.840000000
Current Price 44.270000000
Next Low 41.240000000
2nd Low 40.890000000
3rd Low 38.800000000

Download AVAX/USDT Signal Image

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