AVAX/USDT – 30M – BUY

The combination Avalanche/Tether (AVAX/USDT) jumps from the descending trendline up.

An ascending movement upwards to the next resistance line at 6.776 is considered certain.

Caution: A possible reversal of the trend in the direction of the support level at 6.301 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive signal. The pair is likely to go up.

Additionally a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. this is usually a bullish signal. The currency pair could go up.

Correction of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Current target is 6.580416 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 6.776 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

Additionally a ‘Three White Soldiers’ candle chart pattern is existing. The candles form ‘Three White Soldiers’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three White Soldiers’ heading up is 82%.

6.776 – 6.769 – 6.686 – 6.54 – 6.52 – 6.527 —
6.530000000 – 6.486000000 —
23.690059622062 – 36.298489476171 —
– —
6.776 – 1781386200

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Three White Soldiers – – –