AVAX/USDT – 30M – BUY

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

A continuation of the uptrend upwards to the next resistance line at 24.350000000 is certain.

Caution: A possible trend reversal in the direction of the support zone at 22.400000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which is often a bullish 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 certain. Target of the current trend is 23.24 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance line at 24.350000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Three White Soldiers’ chart pattern is detected. The candles show ‘Three White Soldiers’. which is a bullish pattern 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%.

23.240000000 – 23.020000000 – 22.580000000 – 22.400000000 – 21.870000000 – 21.610000000

Trading Signals: FOREX – AVAX – AVAX/USDT – USDT – Three White Soldiers – Double bottom retreat down