AVAX/USDT – 1H – BUY

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The pair is likely to go up.

Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 10.34 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the resistance zone at 10.34 could happen.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Three Outside Up’ candlestick chart pattern is found. The candles show ‘Three Outside Up’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

10.34 – 10.32 – 10.13 – 9.54 – 9.95 – 9.53 —
10.100000000 – 10.120000000 —
47.974661562346 – 50.461820460387 —
– —
10.34 – 1770148800

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