AVAX/USDT – 1H – BUY

The combination Avalanche/Tether (AVAX/USDT) breaks through the ascending trendline up.

A continuation of the bullish trend upwards to the next resistance level at 25.980000000 is considered certain.

Caution: A possible trend reversal in the direction of the support zone at 20.390000000 could occur.
Consider stop-loss settings accordingly.

There is also a ‘Resistance Level’ indicator layout is discovered. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Current target is 23.24 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance zone at 25.980000000 could occur.
Consider stop-loss settings accordingly.

There is also a ‘Three White Soldiers’ candle chart pattern is found. The candles show ‘Three White Soldiers’. which 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 success rate of a ‘Three White Soldiers’ going up is 82%.

23.240000000 – 22.580000000 – 22.080000000 – 20.390000000 – 20.990000000 – 20.180000000

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