AVAX/USDT – 1H – BUYBesides a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is expected. Current target is 6.38 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance line at 7.018 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Three White Soldiers’ candle chart pattern is found. The candles show ‘Three White Soldiers’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ going up is 82%.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 7.05 |
| 2nd High | 7.022 |
| Next High | 7.018 |
| Current Price | 6.029000000 |
| Next Low | 5.681 |
| 2nd Low | |
| 3rd Low |
7.018 – 7.022 – 7.05 – 5.681 – 5.968 – 6.214 —
5.937000000 – 5.968000000 —
32.274534050727 – 37.566440411108 —
– —
7.018 – 1781712000
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three White Soldiers – – –