AVAX/USDT – 1H – BUYThe currency pair Avalanche/Tether (AVAX/USDT) goes from the descending trendline upwards
The bullish trend up to the next resistance at 22.850000000 is expected.
Caution: A possible change in the direction of the support line at 21.580000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Bearish Harami Cross’ candlestick pattern is existing. The chart shows ‘Bearish Harami Cross’. which is a bearish signal. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bearish Harami Cross’ heading down is 57% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 25.510000000 |
| 2nd High | 24.120000000 |
| Next High | 22.850000000 |
| Current Price | 22.150000000 |
| Next Low | 21.580000000 |
| 2nd Low | 20.390000000 |
| 3rd Low | 20.180000000 |
22.850000000 – 24.120000000 – 25.510000000 – 21.580000000 – 22.400000000 – 23.880000000 — 52.926239970523 – 53.369379203539
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Bearish Harami Cross – – –