AVAX/USDT – 30M – BUYThe pair Avalanche/Tether (AVAX/USDT) moves from the bullish trendline downwards
A bearish movement down to the next support level at 34.950000000 is expected.
Caution: A possible trend reversal in the direction of the resistance line at 44.190000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Bullish Belt Hold’ candle pattern is detected. The candles show ‘Bullish Belt Hold’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 45.050000000 |
| 2nd High | 44.570000000 |
| Next High | 44.190000000 |
| Current Price | 38.780000000 |
| Next Low | 34.950000000 |
| 2nd Low | 34.940000000 |
| 3rd Low | 34.870000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Bullish Belt Hold