AVAX/USDT – 1H – BUY

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

An ascending movement up to the next resistance at 24.820000000 is certain.

Caution: A possible trend reversal in the direction of the support level at 23.260000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘StochRSI cross above 20’ indicator signal is existing. The indicator shows ‘StochRSI cross above 20’. which could be a positive signal. The currency pair could go up.

There is also a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. this is usually a bullish chart signal. The pair is likely to go up.

There is also a ‘Latter Bottom’ candlestick chart pattern is discovered. The candles show ‘Latter Bottom’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Latter Bottom’ going up is 56% (Bull Market) & 51% (Bear Market).

24.820000000 – 23.700000000 – 22.400000000 – 23.260000000 – 24.020000000 – 21.950000000 — 33.356115696011 – 45.784837542507

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Latter Bottom – – –