AVAX/USDT – 30M – BUY

Additionally a ‘StochRSI %K line crosses above %D line’ indicator layout 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.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 9.175 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the support level at 9.38 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Matching Low’ candlestick chart pattern is detected. The candles form ‘Matching Low’. which is a positive chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Matching Low’ heading up is 61% (Bull & Bear Market).

9.38 – 9.13 – 9.25 – 9.09 – 8.99 – 8.97 —
9.180000000 – 9.300000000 —
46.826672942608 – 59.55849737452 —
– —
9.38 – 1777867200

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Matching Low – – –