AVAX/USDT – 4H – BUY

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

A continuation of the bullish trend upwards to the next resistance line at 9.74 is expected.

Caution: A possible change in the direction of the support zone at 8.97 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Latter Bottom’ candle chart pattern is found. The candles show ‘Latter Bottom’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Latter Bottom’ going up is 56% (Bull Market) & 51% (Bear Market).

9.74 – 9.27 – 9.45 – 8.97 – 8.92 – 9.08 —
9.550000000 – 10.000000000 —
53.109021867854 – 66.409181286564 —
– —
9.74 – 1778054400

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Latter Bottom – – –