AVAX/USDT – 30M – BUYThe pair Avalanche/Tether (AVAX/USDT) breaks through the bullish trendline up.
A continuation of the upward movement up to the next resistance line at 50.840000000 is certain.
Caution: A possible trend reversal in the direction of support at 42.030000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Three Outside Up’ candle chart pattern is detected. The candles show ‘Three Outside Up’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 52.050000000 |
| 2nd High | 50.860000000 |
| Next High | 50.840000000 |
| Current Price | 44.850000000 |
| Next Low | 42.030000000 |
| 2nd Low | 41.240000000 |
| 3rd Low | 40.890000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Outside Up