AVAX/USDT – 1H – BUY

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

A bullish movement up to the next resistance level at 9.44 is certain.

Caution: A possible change in the direction of the support zone at 8.96 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish signal. The currency pair could go up.

Besides a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which is often a bullish signal. The currency pair is likely to rise.

Besides a ‘Advance Block’ candle pattern is existing. The candles show ‘Advance Block’. which is a negative chart scenario. The pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Advance Block’ heading down is 64% (Bull Market) & 61% (Bear Market).

9.44 – 9.33 – 9.36 – 8.96 – 9.13 – 9.45 —
9.370000000 – 9.430000000 —
53.893719042815 – 58.125208615583 —
– —
9.44 – 1776718800

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Advance Block – – –