AVAX/USDT – 4H – BUY

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

A continuation of the upward movement upwards to the next resistance at 10.29 is certain.

Caution: A possible change in the direction of the support level at 8.69 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Furthermore a ‘Three Outside Up’ chart pattern is existing. The chart shows ‘Three Outside Up’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

10.29 – 9.96 – 9.78 – 8.69 – 8.42 – 8.18 —
9.870000000 – 10.280000000 —
59.462198020534 – 60.093717228597 —
– —
10.29 – 1773403200

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