Buy AVAX/USDT – 30M – BUY

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

The bullish trend up to the next resistance line at 9.29 is expected.

Caution: A possible change in the direction of the support zone at 9.02 could happen.
Consider stop-loss settings accordingly.

And also a indicator layout is detected. The indicator shows ”. which could be a positive signal. The currency pair could go up.

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And also a ‘StochRSI %K line crosses above %D line’ indicator layout is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The currency pair could go up.

And also a ‘MACD crosses above signal’ indicator layout is detected. The indicator shows ‘MACD crosses above signal’. which could be a positive signal. The currency pair could go up.

And also a ‘Bullish Belt Hold’ candlestick pattern is found. The chart shows ‘Bullish Belt Hold’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bullish Belt Hold’ going up is 71% (Bull Market) & 71% (Bear Market).

Support & Resistance Price Range*
3rd High 9.51
2nd High 9.46
Next High 9.29
Current Price 9.470000000
Next Low 9.02
2nd Low 8.69
3rd Low 8.42

9.29 – 8.99 – 9.02 – 9.02 – 8.69 – 8.82 —
9.320000000 – 9.280000000 —
63.253144480986 – 59.647049378458 —
– —
9.29 – 1773036000

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