AVAX/USDT – 4H – BUYThe currency pair Avalanche/Tether (AVAX/USDT) goes from the descending trendline up.
An ascent upwards to the next resistance line at 10.34 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 9.16 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Support Level’ indicator layout is found. The indicator is ‘Support Level’. which could be a positive chart signal. The currency pair could go up.
Furthermore a ‘Bearish Harami Cross’ candlestick chart pattern is found. The candles form ‘Bearish Harami Cross’. this is a bearish chart scenario. 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’ going down is 57% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 14.95 |
| 2nd High | 12.27 |
| Next High | 10.34 |
| Current Price | 9.290000000 |
| Next Low | 9.16 |
| 2nd Low | 8.52 |
| 3rd Low |
10.34 – 12.27 – 14.95 – 9.16 – 11.23 – 11.88 —
9.450000000 – 9.480000000 —
23.168218152882 – 45.625130229383 —
– —
10.34 – 1770148800
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Bearish Harami Cross – – –