AVAX/USDT – 30M – BUY

The currency pair Avalanche/Tether (AVAX/USDT) jumps from the ascending trendline up.

A continuation of the bullish trend up to the next resistance level at 9.74 will continue.

Caution: A possible trend reversal in the direction of support at 9.36 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The currency pair could go up.

Next a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The pair is likely to go up.

Next a ‘Three Outside Up’ candle pattern is found. The chart shows ‘Three Outside Up’. this is a bullish pattern 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).

9.74 – 9.52 – 9.38 – 9.36 – 9.33 – 9.09 —
9.630000000 – 9.510000000 —
49.555173586546 – 39.576363057486 —
– —
9.74 – 1778056200

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