AVAX/USDT – 30M – BUYThe combination Avalanche/Tether (AVAX/USDT) goes from the ascending trendline upwards
A continuation of the bullish trend up to the next resistance line at 25.660000000 is likely expected.
Caution: A possible change in the direction of the support line at 23.180000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Bullish Belt Hold’ candlestick pattern is discovered. The chart shows ‘Bullish Belt Hold’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 27.380000000 |
| 2nd High | 25.990000000 |
| Next High | 25.660000000 |
| Current Price | 23.830000000 |
| Next Low | 23.180000000 |
| 2nd Low | 22.760000000 |
| 3rd Low | 22.190000000 |
25.660000000 – 25.990000000 – 25.440000000 – 23.180000000 – 23.280000000 – 24.750000000 — 29.928370793601 – 37.885224287712
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Bullish Belt Hold – – –