AVAX/USDT – 4H – BUY

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

A continuation of the upward movement upwards to the next resistance level at 10.29 is certain.

Caution: A possible trend reversal in the direction of the support zone at 8.69 could be enabled.
Consider stop-loss settings accordingly.

Besides a ‘Three Outside Up’ candlestick pattern is existing. The candles show ‘Three Outside Up’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

10.29 – 9.96 – 9.78 – 8.69 – 8.42 – 8.18 —
9.870000000 – 10.280000000 —
59.462198020534 – 60.093717228597 —
– —
10.29 – 1773403200

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three Outside Up – – –