The pair Avalanche/Tether (AVAX/USDT) breaks through the descending trendline upwards
A bullish movement upwards to the next resistance line at 22.350000000 will continue.
Caution: A possible counter-trend in the direction of the support level at 21.770000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Three White Soldiers’ candle pattern is discovered. The chart forms ‘Three White Soldiers’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 22.850000000 |
| 2nd High | 22.400000000 |
| Next High | 22.350000000 |
| Current Price | 22.360000000 |
| Next Low | 21.770000000 |
| 2nd Low | 21.570000000 |
| 3rd Low | 21.440000000 |
22.350000000 – 22.400000000 – 22.310000000 – 21.770000000 – 21.570000000 – 21.440000000 — 54.988533602628 – 62.590902636664
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three White Soldiers – – –