Buy AVAX/USDT – 4H – BUY

The pair Avalanche/Tether (AVAX/USDT) jumps from the descending trendline up.

An ascending movement up to the next resistance at 10.34 is expected.

Caution: A possible counter-trend in the direction of the support zone at 9.16 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. this is usually a bullish signal. The currency pair could go up.

Then a ‘Three White Soldiers’ candlestick pattern is found. The candles form ‘Three White Soldiers’. this is a bullish pattern signal. 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’ heading up is 82%.

Support & Resistance Price Range*
3rd High 14.95
2nd High 12.27
Next High 10.34
Current Price 9.300000000
Next Low 9.16
2nd Low 8.52
3rd Low

10.34 – 12.27 – 14.95 – 9.16 – 11.23 – 11.88 —
9.090000000 – 9.380000000 —
20.693145110875 – 46.523304821857 —
– —
10.34 – 1770148800

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