AVAX/USDT – 30M – BUYThe combination Avalanche/Tether (AVAX/USDT) breaks through the bearish trendline upwards
An ascending movement upwards to the next resistance line at 24.050000000 is certain.
Caution: A possible change in the direction of support at 23.260000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Bullish Engulfing’ candlestick pattern is discovered. The chart forms ‘Bullish Engulfing’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Engulfing’ heading up is 63%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 24.820000000 |
| 2nd High | 24.550000000 |
| Next High | 24.050000000 |
| Current Price | 23.830000000 |
| Next Low | 23.260000000 |
| 2nd Low | 23.040000000 |
| 3rd Low | 22.190000000 |
24.050000000 – 24.550000000 – 24.820000000 – 23.260000000 – 24.020000000 – 23.040000000 — 46.723147827502 – 51.176575660586
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Bullish Engulfing – – –