AVAX/USDT – 1H – BUY

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

An ascent up to the next resistance line at 9.21 is expected.

Caution: A possible reversal of the trend in the direction of the support line at 9.06 could occur.
Consider stop-loss settings accordingly.

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The pair is likely to go up.

Moreover a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The pair is likely to go up.

Moreover a ‘Three White Soldiers’ candlestick pattern is detected. The chart shows ‘Three White Soldiers’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.

9.21 – 9.45 – 9.57 – 9.06 – 8.92 – 9.11 —
9.180000000 – 9.130000000 —
49.342536997679 – 51.774245801467 —
– —
9.21 – 1777604400

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