Buy AVAX/USDT – 30M – BUY

The combination Avalanche/Tether (AVAX/USDT) moves from the descending trendline up.

A bullish ascent upwards to the next resistance at 11.05 is certain.

Caution: A possible reversal of the trend in the direction of the support level at 9.16 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The currency pair could go up.

Also there is a ‘Latter Bottom’ candle pattern is existing. The candles show ‘Latter Bottom’. 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 ‘Latter Bottom’ heading up is 56% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 12.18
2nd High 11.09
Next High 11.05
Current Price 10.210000000
Next Low 9.16
2nd Low
3rd Low

11.05 – 11.05 – 11.09 – 9.16 – 10.42 – 10.63 —
10.010000000 – 10.180000000 —
38.350921943461 – 52.376312257006 —
– —
11.05000 – 1769799600

Trading Signals:

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