The combination Avalanche/Tether (AVAX/USDT) breaks through the descending trendline upwards
A bullish ascent up to the next resistance at 37.460000000 will continue.
Caution: A possible trend reversal in the direction of support at 35.500000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Three Outside Up’ candle chart pattern is discovered. The candles show ‘Three Outside Up’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 39.370000000 |
2nd High | 37.940000000 |
Next High | 37.460000000 |
Current Price | 36.870000000 |
Next Low | 35.500000000 |
2nd Low | 34.950000000 |
3rd Low | 34.940000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Outside Up