AVAX/USDT – 1H – BUY

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

A bullish trend up to the next resistance line at 9.26 is likely expected.

Caution: A possible counter-trend in the direction of the support zone at 8.62 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Furthermore a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Furthermore a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The pair is likely to go up.

Furthermore a ‘Three White Soldiers’ candle chart pattern is detected. The candles show ‘Three White Soldiers’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three White Soldiers’ going up is 82%.

9.26 – 8.97 – 8.9 – 8.62 – 8.43 – 8.72 —
9.390000000 – 9.170000000 —
65.588033912192 – 47.305873086981 —
– —
9.26 – 1770998400

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