Buy AVAX/USDT – 30M – BUY

The currency pair Avalanche/Tether (AVAX/USDT) goes from the bearish trendline upwards

The bullish trend up to the next resistance level at 9.46 will persist.

Caution: A possible counter-trend in the direction of the support level at 8.85 is also possible.
Consider stop-loss settings accordingly.

Then a ‘Bullish Belt Hold’ candlestick pattern is existing. The chart forms ‘Bullish Belt Hold’. which is a bullish 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 Belt Hold’ heading up is 71% (Bull Market) & 71% (Bear Market).

Support & Resistance Price Range*
3rd High 9.58
2nd High 9.51
Next High 9.46
Current Price 8.880000000
Next Low 8.85
2nd Low 8.42
3rd Low 8.25

9.46 – 9.51 – 9.58 – 8.87 – 8.96 – 9.26 —
8.910000000 – 8.870000000 —
34.510397628214 – 37.182592851198 —
– —
9.46 – 1772782200

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