AVAX/USDT – 1H – BUY

The combination Avalanche/Tether (AVAX/USDT) breaks through the ascending trendline upwards

A continuation of the uptrend up to the next resistance level at 30.260000000 is considered certain.

Caution: A possible change in the direction of the support line at 28.220000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Current target is 31 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance zone at 30.260000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Three White Soldiers’ candlestick chart pattern is detected. The chart shows ‘Three White Soldiers’. which is a bullish pattern signal. 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%.

30.260000000 – 31.000000000 – 30.410000000 – 28.220000000 – 28.960000000 – 29.270000000 — 77.497333781054 – 79.364993751574

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three White Soldiers – – –