Buy AVAX/USDT – 30M – BUY

The pair Avalanche/Tether (AVAX/USDT) breaks through the ascending trendline up.

A continuation of the uptrend up to the next resistance line at 7.018 is certain.

Caution: A possible reversal of the trend in the direction of the support zone at 6.792000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The currency pair is likely to rise.

Additionally a ‘Three White Soldiers’ chart pattern is existing. The candles form ‘Three White Soldiers’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘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 6.990000000
Next Low 6.792000000
2nd Low 6.717
3rd Low 6.613

6.924 – 6.88 – 6.88 – 6.792000000 – 6.717 – 6.613 —
6.835000000 – 6.937000000 —
41.313344444385 – 65.623658359355 —
6.792000000 – 1783094400 —
6.924 – 1783080000

Trading Signals:

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