AVAX/USDT – 30M – BUYMoreover a ‘Double bottom chart pattern’ chart layout is detected. The chart picture forms ‘Double bottom chart pattern’. which is a positive signal. The pair is likely to go up.
The currency pair Avalanche/Tether (AVAX/USDT) breaks through the bearish trendline upwards
A bullish movement upwards to the next resistance line at 8.81 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 8.58 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 8.97 |
| 2nd High | 8.9 |
| Next High | 8.81 |
| Current Price | 8.830000000 |
| Next Low | 8.58 |
| 2nd Low | 8.43 |
| 3rd Low | 7.55 |
8.81 – 8.9 – 8.97 – 8.58 – 8.43 – 8.65 —
8.770000000 – 8.840000000 —
55.477678377759 – 55.078205383415 —
– —
8.81 – 1770845400
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – – Double bottom chart pattern – –