The currency pair Avalanche/Tether (AVAX/USDT) breaks through the bullish trendline up.
A continuation of the upward movement up to the next resistance line at 9.58 is certain.
Caution: A possible counter-trend in the direction of the support line at 9.02 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. this is usually a bullish chart scenario. The pair is likely to go up.
Furthermore a ‘Three White Soldiers’ candle chart pattern is found. The chart shows ‘Three White Soldiers’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.84 |
| 2nd High | 9.78 |
| Next High | 9.58 |
| Current Price | 9.580000000 |
| Next Low | 9.02 |
| 2nd Low | 8.69 |
| 3rd Low | 8.42 |
9.51 – 9.53 – 9.29 – 9.02 – 8.69 – 8.82 —
9.430000000 – 9.470000000 —
55.647522926383 – 57.9170643179 —
– —
9.51 – 1773109800
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three White Soldiers – – –