The pair Avalanche/Tether (AVAX/USDT) breaks through the bullish trendline upwards
A continuation of the bullish trend up to the next resistance line at 9.7 is likely expected.
Caution: A possible trend reversal in the direction of support at 9.37 is also possible.
Consider stop-loss settings accordingly.
Also there is a ‘Three White Soldiers’ candlestick chart pattern is existing. The candles show ‘Three White Soldiers’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three White Soldiers’ heading up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 10.01 |
| 2nd High | 9.74 |
| Next High | 9.7 |
| Current Price | 9.910000000 |
| Next Low | 9.37 |
| 2nd Low | 8.99 |
| 3rd Low | 8.97 |
9.7 – 9.74 – 9.52 – 9.37 – 9.45 – 8.99 —
9.530000000 – 9.860000000 —
42.535090653489 – 69.661678510437 —
– —
9.7 – 1778137200
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three White Soldiers – – –