AVAX/USDT – 30M – BUY

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

The bullish trend up to the next resistance line at 10.21 is likely expected.

Caution: A possible counter-trend in the direction of the support line at 9.54 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The currency pair is likely to rise.

Also there is a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Current target is 10.13592 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance line at 10.21 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Also there is a ‘Three Outside Up’ candlestick chart pattern is found. The candles show ‘Three Outside Up’. which is a positive chart scenario. The pair is likely to go up. 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).

10.21 – 10.32 – 10.13 – 9.54 – 9.97 – 9.95 —
10.100000000 – 9.980000000 —
53.873394979826 – 46.157642243941 —
– —
10.21 – 1770093000

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