AVAX/USDT – 30M – BUY

The combination Avalanche/Tether (AVAX/USDT) goes from the bullish trendline up.

A continuation of the uptrend up to the next resistance at 9.2 is certain.

Caution: A possible counter-trend in the direction of the support line at 8.86 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Moreover 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 signal. The pair is likely to go up.

Moreover a ‘MACD crosses above signal’ indicator signal is discovered. The indicator is ‘MACD crosses above signal’. which is often a bullish signal. The pair is likely to go up.

Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Current target is 9.21386 at the Fibonacci level 0.79-Level. Caution: A possible counter-trend in the direction of the resistance zone at 9.2 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Three Outside Up’ candle chart pattern is found. The candles show ‘Three Outside Up’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

9.2 – 9.24 – 9.43 – 8.86 – 8.85 – 8.42 —
8.980000000 – 8.970000000 —
44.448508372358 – 38.835762278505 —
– —
9.2 – 1772413200

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