AVAX/USDT – 30M – BUY

The currency pair Avalanche/Tether (AVAX/USDT) goes from the ascending trendline up.

A continuation of the bullish trend upwards to the next resistance level at 6.69 is expected.

Caution: A possible change in the direction of the support level at 6.527 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘StochRSI %K line crosses above %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The currency pair is likely to rise.

And also a ‘RSI Bullish Divergence’ indicator layout is found. The indicator is ‘RSI Bullish Divergence’. which is often a bullish chart scenario. The currency pair is likely to rise.

Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Current target is 6.657566 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance level at 6.69 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Three Outside Up’ candlestick chart pattern is existing. The candles form ‘Three Outside Up’. this is a bullish 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 Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

6.69 – 6.707 – 6.642 – 6.527 – 6.601 – 6.476 —
6.662000000 – 6.605000000 —
50.708280615216 – 35.692400402702 —
– —
6.69 – 1781238600

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