AVAX/USDT – 1H – BUY

The pair Avalanche/Tether (AVAX/USDT) breaks through the bearish trendline up.

A bullish ascent upwards to the next resistance at 6.7 is considered certain.

Caution: A possible counter-trend in the direction of support at 6.52 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. which could be a positive chart signal. The currency pair is likely to rise.

Also there is a ‘Three Inside Up’ candlestick pattern is discovered. The chart forms ‘Three Inside Up’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Inside Up’ going up is 65% (Bull Market) & 63% (Bear Market).

6.7 – 6.707 – 6.664 – 6.52 – 6.476 – 6.301 —
6.603000000 – 6.622000000 —
46.049207488188 – 48.65600706635 —
– —
6.7 – 1781276400

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