AVAX/USDT – 4H – BUY

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

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

Caution: A possible change in the direction of the support line at 28.220000000 should always be considered.
Consider stop-loss settings accordingly.

Additionally a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which is often a bullish chart scenario. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 31.25 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance zone at should always be considered.
Consider stop-loss settings accordingly.

Additionally a ‘Three White Soldiers’ chart pattern is discovered. The chart shows ‘Three White Soldiers’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three White Soldiers’ going up is 82%.

31.250000000 – 29.990000000 – 25.780000000 – 28.220000000 – 28.250000000 – 23.860000000 — 66.584098319264 – 70.997935299323

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