The currency pair Avalanche/Tether (AVAX/USDT) breaks through the bearish trendline upwards
A bullish ascent up to the next resistance level at 9.42 will continue.
Caution: A possible trend reversal in the direction of the support level at 8.43 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Three White Soldiers’ candle chart pattern is existing. The chart forms ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to rise. 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 | 12.27 |
| 2nd High | 10.34 |
| Next High | 9.42 |
| Current Price | 8.910000000 |
| Next Low | 8.43 |
| 2nd Low | 7.55 |
| 3rd Low |
9.42 – 10.34 – 12.27 – 8.43 – 7.55 – 9.16 —
9.210000000 – 8.860000000 —
47.60711575486 – 40.065200295672 —
– —
9.42 – 1771243200
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three White Soldiers – Double top retreat up – –