AVAX/USDT – 4H – BUY

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

A continuation of the upward movement up to the next resistance line at 26.530000000 is certain.

Caution: A possible reversal of the trend in the direction of the support line at 22.530000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘RSI cross above 70’ indicator signal is discovered. The indicator is ‘RSI cross above 70’. which could be a positive signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Current target is 26.53 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of resistance at 26.530000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Three White Soldiers’ candlestick pattern is existing. The candles show ‘Three White Soldiers’. which 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 chance of ‘Three White Soldiers’ going up is 82%.

26.530000000 – 21.530000000 – 19.170000000 – 22.530000000 – 20.390000000 – 17.500000000 — 57.853963172803 – 64.491353253325

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three White Soldiers – Double bottom chart pattern –