AVAX/USDT – 1H – BUY

The pair Avalanche/Tether (AVAX/USDT) moves from the ascending trendline up.

A continuation of the upward movement up to the next resistance line at 6.739 is likely expected.

Caution: A possible reversal of the trend in the direction of the support level at is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The currency pair could go up.

Additionally a ‘Three White Soldiers’ candle chart pattern is found. The chart shows ‘Three White Soldiers’. this is a bullish signal. The pair is likely to go up. 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 6.791
2nd High 6.773
Next High 6.739
Current Price 6.624000000
Next Low
2nd Low
3rd Low

6.739 – 6.773 – 6.757 – 6.513 – 6.338 – 6.373 —
6.505000000 – 6.582000000 —
43.455879003868 – 55.03464388357 —
– —
6.739 – 1784178000

Trading Signals:

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