Buy AVAX/USDT – 1H – BUY

The pair Avalanche/Tether (AVAX/USDT) moves from the bullish trendline downwards

The bearish trend down to the next support at 41.240000000 will persist.

Caution: A possible change in the direction of resistance at 45.050000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Bullish Harami’ candlestick chart pattern is discovered. The chart forms ‘Bullish Harami’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Harami’ heading up is 53% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 50.860000000
2nd High 50.840000000
Next High 45.050000000
Current Price 43.880000000
Next Low 41.240000000
2nd Low 40.890000000
3rd Low 38.800000000

Download AVAX/USDT Signal Image

Trading Signals:

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