AVAX/USDT – 30M – BUY

Next a ‘Double bottom chart pattern’ chart layout is discovered. The formation shows ‘Double bottom chart pattern’. this is a bullish signal. The currency pair is likely to rise.

The combination Avalanche/Tether (AVAX/USDT) goes from the bullish trendline upwards

A continuation of the upward movement up to the next resistance line at 21.220000000 will persist.

Caution: A possible change in the direction of the support line at 20.720000000 could occur.
Consider stop-loss settings accordingly.

Next a ‘Bullish Separating Lines’ candle chart pattern is existing. The chart forms ‘Bullish Separating Lines’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Bullish Separating Lines’ heading up is 72% (Bull Market) & 69% (Bear Market).

21.220000000 – 18.590000000 – 18.880000000 – 20.720000000 – 17.690000000 – 17.500000000

Trading Signals: FOREX – AVAX – AVAX/USDT – USDT – Bullish Separating Lines – Double bottom chart pattern