AVAX/USDT – 30M – BUY

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

An ascending movement upwards to the next resistance level at 13.84 is considered certain.

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

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The pair is likely to go up.

Additionally a ‘%K crosses above %D’ indicator signal is existing. The indicator shows ‘%K crosses above %D’. this is usually a bullish chart signal. The pair is likely to go up.

Additionally a ‘Bullish Separating Lines’ chart pattern is found. The candles form ‘Bullish Separating Lines’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Separating Lines’ going up is 72% (Bull Market) & 69% (Bear Market).

13.84 – 13.94 – 13.88 – 13.68 – 13.64 – 13.61 — 55.003634184661 – 59.893060104672 — 69.146644087572 – 76.174942612057 – 69.716467476843 – 70.588598413478

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Bullish Separating Lines – – –