AVAX/USDT – 4H – BUY

The currency pair Avalanche/Tether (AVAX/USDT) goes from the bearish trendline upwards

An ascending movement up to the next resistance at 12.27 is considered certain.

Caution: A possible change in the direction of the support line at 9.16 should be noted.
Consider stop-loss settings accordingly.

Next a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart signal. The currency pair is likely to rise.

Next a ‘Three Outside Up’ chart pattern is discovered. The chart forms ‘Three Outside Up’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

12.27 – 14.95 – 13.2 – 9.16 – 11.23 – 11.88 —
10.280000000 – 10.340000000 —
39.187242531283 – 34.584085647163 —
– —
12.27 – 1769601600

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Outside Up – – –