AVAX/USDT – 30M – BUYThe combination Avalanche/Tether (AVAX/USDT) goes from the bullish trendline up.
A continuation of the upward movement up to the next resistance level at 22.240000000 will continue.
Caution: A possible change in the direction of the support level at 19.770000000 could be enabled.
Consider stop-loss settings accordingly.
Moreover a ‘Bullish Belt Hold’ candlestick pattern is existing. The candles form ‘Bullish Belt Hold’. which is a bullish chart scenario. The currency pair is likely to rise. 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).
Moreover a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which is often a bullish signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 23.460000000 |
| 2nd High | 22.290000000 |
| Next High | 22.240000000 |
| Current Price | 20.100000000 |
| Next Low | 19.770000000 |
| 2nd Low | 19.310000000 |
| 3rd Low | 19.270000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Bullish Belt Hold