The combination Avalanche/Tether (AVAX/USDT) breaks through the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance level at 26.530000000 is certain.
Caution: A possible change in the direction of the support zone at should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The currency pair is likely to rise.
Besides a ‘Bearish Harami Cross’ candlestick chart pattern is detected. The chart forms ‘Bearish Harami Cross’. which is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Harami Cross’ heading down is 57% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 26.840000000 |
| Next High | 26.530000000 |
| Current Price | 24.230000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
26.530000000 – 21.530000000 – 19.170000000 – 20.390000000 – 17.500000000 – 17.610000000 — 46.626143599991 – 47.062696329002
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Bearish Harami Cross – –