Buy AVAX/USDT – 1H – BUY

The combination Avalanche/Tether (AVAX/USDT) breaks through the bearish trendline up.

The bullish trend upwards to the next resistance at 9.02 is considered certain.

Caution: A possible change in the direction of the support zone at 8.79 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which is often a bullish chart signal. The pair is likely to go up.

Furthermore a ‘Three Outside Up’ candle pattern is detected. The chart forms ‘Three Outside Up’. this is a bullish chart scenario. The currency pair is likely to rise. 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).

Support & Resistance Price Range*
3rd High 9.78
2nd High 9.58
Next High 9.02
Current Price 8.970000000
Next Low 8.79
2nd Low 8.42
3rd Low 8.18

9.02 – 9.58 – 9.78 – 8.79 – 9.26 – 9 —
8.870000000 – 8.930000000 —
40.912938490395 – 43.725169861988 —
– —
9.02 – 1772964000

Trading Signals:

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