AVAX/USDT – 1H – BUY

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

An ascending movement up to the next resistance line at 6.776 will continue.

Caution: A possible reversal of the trend in the direction of the support zone at 6.52 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The pair is likely to go up.

In addition a ‘MACD crosses above signal’ indicator layout is existing. The indicator shows ‘MACD crosses above signal’. this is usually a bullish chart signal. The pair is likely to go up.

In addition a ‘Support Level’ indicator signal is found. The indicator shows ‘Support Level’. this is usually a bullish signal. The currency pair could go up.

Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Target of the current trend is 6.67435 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 6.776 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Three White Soldiers’ candle chart pattern is existing. The candles form ‘Three White Soldiers’. this is a bullish signal. 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’ going up is 82%.

6.776 – 6.7 – 6.707 – 6.52 – 6.476 – 6.301 —
6.615000000 – 6.486000000 —
33.121192703667 – 31.046138160111 —
– —
6.776 – 1781384400

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