AVAX/USDT – 30M – BUY

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

A continuation of the upward movement up to the next resistance level at 25.440000000 is expected.

Caution: A possible counter-trend in the direction of support at 24.750000000 should be noted.
Consider stop-loss settings accordingly.

There is also a ‘Bullish Engulfing’ candlestick chart pattern is discovered. The candles show ‘Bullish Engulfing’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Bullish Engulfing’ going up is 63%.

25.440000000 – 24.900000000 – 24.600000000 – 24.750000000 – 24.370000000 – 22.760000000 — 66.458415006942 – 67.566603091738

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Bullish Engulfing – Triple bottom chart pattern – –