AVAX/USDT – 1H – BUY

Next a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. which could be a positive chart signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will persist. Target of the current trend is 9.185 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 9.25 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Three Outside Up’ candle chart pattern is existing. The chart forms ‘Three Outside Up’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

9.25 – 9.27 – 9.21 – 9.06 – 9.06 – 8.92 —
9.070000000 – 9.070000000 —
36.931093984354 – 42.118870671677 —
– —
9.25 – 1777755600

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