AVAX/USDT – 4H – BUY

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

A continuation of the upward movement up to the next resistance line at 10.29 is considered certain.

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

Also there is a ‘Three Outside Up’ chart pattern is discovered. The candles show ‘Three Outside Up’. this is a bullish pattern signal. The pair is likely to go up. 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).

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 – – –