Buy AVAX/USDT – 30M – BUY

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

A continuation of the bullish trend up to the next resistance at 6.88 will continue.

Caution: A possible counter-trend in the direction of the support zone at 6.717 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘StochRSI %K line crosses above %D line’ indicator layout is existing. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The currency pair is likely to rise.

Next a ‘MACD crosses above signal’ indicator layout is existing. The indicator is ‘MACD crosses above signal’. which could be a positive signal. The currency pair is likely to rise.

Next a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which could be a positive signal. The pair is likely to go up.

Next a ‘Three Outside Up’ candlestick chart pattern is discovered. The candles show ‘Three Outside Up’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Three Outside Up’ heading up is 75% (Bull Market) & 74% (Bear Market).

Support & Resistance Price Range*
3rd High 7.022
2nd High 7.018
Next High 6.88
Current Price 6.850000000
Next Low 6.717
2nd Low 6.613
3rd Low 6.561

6.88 – 6.814 – 6.758 – 6.717 – 6.613 – 6.561 —
6.841000000 – 6.837000000 —
64.231725163714 – 54.066693178497 —
– —
6.88 – 1782999000

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