AVAX/USDT – 1H – BUY

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

A bullish trend upwards to the next resistance line at 9.45 is considered certain.

Caution: A possible change in the direction of the support level at 9.16 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Then a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. which is often a bullish signal. The pair is likely to go up.

Then a ‘Bullish Engulfing’ chart pattern is detected. The candles show ‘Bullish Engulfing’. this 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 ‘Bullish Engulfing’ heading up is 63%.

9.45 – 9.68 – 9.53 – 9.16 – 9.21 – 9.17 —
9.440000000 – 9.400000000 —
59.137768018665 – 52.343609408386 —
– —
9.45 – 1776956400

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Bullish Engulfing – – –