AVAX/USDT – 30M – BUY

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

A continuation of the upward movement up to the next resistance level at 9.02 is likely expected.

Caution: A possible counter-trend in the direction of support at 8.79 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘MACD crosses above signal’ indicator layout is existing. The indicator shows ‘MACD crosses above signal’. which is often a bullish chart scenario. The currency pair could go up.

And also a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which is often a bullish chart scenario. The currency pair could go up.

And also a ‘Three Outside Up’ candle pattern is existing. The candles show ‘Three Outside Up’. which is a positive signal. The currency pair is likely to rise. 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).

9.02 – 9.46 – 9.51 – 8.82 – 8.79 – 8.87 —
8.970000000 – 8.880000000 —
53.952384324078 – 43.426773464987 —
– —
9.02 – 1772964000

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