AVAX/USDT – 1H – BUY

The combination Avalanche/Tether (AVAX/USDT) breaks through the ascending trendline upwards

A continuation of the uptrend up to the next resistance at 9.86 is likely expected.

Caution: A possible reversal of the trend in the direction of support at 9.43 could occur.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Three Outside Up’ candlestick pattern is existing. The candles form ‘Three Outside Up’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

9.86 – 9.96 – 9.53 – 9.43 – 9.48 – 9.31 —
9.530000000 – 10.020000000 —
43.146562406744 – 71.6116498287 —
– —
9.86 – 1773234000

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