AVAX/USDT – 30M – BUY

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

A bullish movement upwards to the next resistance level at 9.62 will persist.

Caution: A possible counter-trend in the direction of the support zone at 8.92 is within the realm of possibility.
Consider stop-loss settings accordingly.

Then a ‘Three Outside Up’ candlestick pattern is existing. The candles form ‘Three Outside Up’. this is a bullish chart scenario. The currency 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).

9.39 – 9.17 – 9.44 – 8.92 – 8.52 – 8.46 —
9.460000000 – 9.360000000 —
70.623853641202 – 51.89215464874 —
– —
9.39 – 1775750400

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