AVAX/USDT – 1H – BUY

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

A bullish movement upwards to the next resistance line at 22.400000000 is considered certain.

Caution: A possible trend reversal in the direction of support at could be enabled.
Consider stop-loss settings accordingly.

Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The currency pair could go up.

Then a ‘RSI cross above 70’ indicator layout is detected. The indicator is ‘RSI cross above 70’. this is usually a bullish signal. The currency pair could go up.

Then a ‘Three White Soldiers’ candlestick chart pattern is existing. The candles show ‘Three White Soldiers’. 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 probability of ‘Three White Soldiers’ heading up is 82%.

22.400000000 – 22.850000000 – 24.120000000 – 21.440000000 – 21.580000000 – 22.400000000 — 58.667060053678 – 71.09911099643

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three White Soldiers – – –