AVAX/USDT – 1H – BUY

The combination Avalanche/Tether (AVAX/USDT) breaks through the bullish trendline up.

A continuation of the upward movement up to the next resistance at 9.74 is certain.

Caution: A possible trend reversal in the direction of the support level at 8.99 is also possible.
Consider stop-loss settings accordingly.

Moreover a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The currency pair could go up.

Moreover a ‘Three Outside Up’ candle chart pattern is found. The candles show ‘Three Outside Up’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Three Outside Up’ going up is 75% (Bull Market) & 74% (Bear Market).

9.74 – 9.52 – 9.38 – 8.99 – 8.97 – 9.06 —
9.650000000 – 9.520000000 —
59.173787720998 – 44.340761966947 —
– —
9.74 – 1778054400

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