AVAX/USDT – 1H – BUY

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

A bullish trend upwards to the next resistance level at 9.38 is expected.

Caution: A possible trend reversal in the direction of support at 8.99 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘MACD crosses below signal’ indicator layout is existing. The indicator is ‘MACD crosses below signal’. this is usually a bearish chart signal. The currency pair is likely to fall.

9.38 – 9.25 – 9.27 – 8.99 – 8.97 – 9.06 —
9.370000000 – 9.430000000 —
62.441162855381 – 56.759588127826 —
– —
9.38 – 1777867200

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – – Symmetrical Triangle Chart Pattern – –