AVAX/USDT – 30M – BUY

The combination Avalanche/Tether (AVAX/USDT) breaks through the descending trendline up.

A bullish ascent up to the next resistance at 28.830000000 will persist.

Caution: A possible trend reversal in the direction of the support level at 28.250000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The currency pair is likely to rise.

Next a ‘Bullish Belt Hold’ candlestick pattern is discovered. The chart shows ‘Bullish Belt Hold’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

28.830000000 – 29.400000000 – 29.200000000 – 28.250000000 – 28.720000000 – 28.300000000 — 47.035552425849 – 58.194473606239

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Bullish Belt Hold – Double bottom chart pattern – –