AVAX/USDT – 30M – BUY

The pair Avalanche/Tether (AVAX/USDT) jumps from the descending trendline upwards

A bullish movement up to the next resistance at 11.05 is expected.

Caution: A possible reversal of the trend in the direction of the support line at could be enabled.
Consider stop-loss settings accordingly.

Also there is a ‘Bullish Separating Lines’ chart pattern is found. The chart forms ‘Bullish Separating Lines’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Bullish Separating Lines’ going up is 72% (Bull Market) & 69% (Bear Market).

11.05 – 11.05 – 11.09 – 10.63 – 10.7 – 10.8 —
10.830000000 – 10.660000000 —
34.360323776755 – 33.423324551139 —
– —
11.05000 – 1769799600

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Bullish Separating Lines – – –