AVAX/USDT

Buy AVAX/USDT – 30M – BUY

The combination Avalanche/Tether (AVAX/USDT) jumps from the bullish trendline upwards

A continuation of the uptrend upwards to the next resistance level at 32.790000000 is considered certain.

Caution: A possible change in the direction of the support zone at 30.590000000 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Support & Resistance Price Range*
3rd High 37.490000000
2nd High 34.720000000
Next High 32.790000000
Current Price 32.330000000
Next Low 30.590000000
2nd Low 30.010000000
3rd Low 28.490000000

Download AVAX/USDT Signal Image

Trading Signals:

Buy AVAX/USDT – 30M – BUY

The combination Avalanche/Tether (AVAX/USDT) jumps from the ascending trendline up.

A continuation of the upward movement upwards to the next resistance level at 34.720000000 is considered certain.

Caution: A possible trend reversal in the direction of the support level at 30.590000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High
2nd High 37.490000000
Next High 34.720000000
Current Price 32.000000000
Next Low 30.590000000
2nd Low 30.010000000
3rd Low 28.490000000

Download AVAX/USDT Signal Image

Trading Signals:

Sell AVAX/USDT – 30M – SELL

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

A descent downwards to the next support line at 30.590000000 is certain.

Caution: A possible trend reversal in the direction of the resistance line at 34.720000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Three Black Crows’ candlestick pattern is discovered. The candles show ‘Three Black Crows’. this is a bearish chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Black Crows’ heading down is 82%.

Support & Resistance Price Range*
3rd High
2nd High 37.490000000
Next High 34.720000000
Current Price 31.410000000
Next Low 30.590000000
2nd Low 30.010000000
3rd Low 28.490000000

Download AVAX/USDT Signal Image

Trading Signals:

Sell AVAX/USDT – 30M – SELL

The currency pair Avalanche/Tether (AVAX/USDT) goes from the bearish trendline downwards

A continuation of the downward movement down to the next support line at 30.590000000 is likely expected.

Caution: A possible counter-trend in the direction of the resistance line at 34.720000000 is within the realm of possibility.
Consider stop-loss settings accordingly.

There is also a ‘Bearish Engulfing’ candlestick pattern is detected. The candles show ‘Bearish Engulfing’. which is a negative signal. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bearish Engulfing’ going down is 79%.

Support & Resistance Price Range*
3rd High
2nd High 37.490000000
Next High 34.720000000
Current Price 32.230000000
Next Low 30.590000000
2nd Low 30.010000000
3rd Low 28.490000000

Download AVAX/USDT Signal Image

Trading Signals:

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