AVAX/USDT – 30M – BUY

The pair Avalanche/Tether (AVAX/USDT) breaks through the descending trendline up.

The bullish trend up to the next resistance at 9.51 will continue.

Caution: A possible reversal of the trend in the direction of the support level at 9.26 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Three Outside Up’ candlestick chart pattern is existing. The candles show ‘Three Outside Up’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

9.51 – 9.58 – 9.78 – 9.26 – 9.34 – 9 —
9.380000000 – 8.990000000 —
45.152345732292 – 23.246648281728 —
– —
9.51 – 1772742600

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