AVAX/USDT – 30M – BUY

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

The bullish trend upwards to the next resistance line at 6.632 is certain.

Caution: A possible change in the direction of the support zone at 6.437 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘StochRSI %K line crosses below %D line’ indicator signal is found. The indicator shows ‘StochRSI %K line crosses below %D line’. which is often a bearish chart signal. The currency pair is likely to fall.

Then a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The pair is likely to go up.

Then a ‘Latter Bottom’ candlestick pattern is found. The candles show ‘Latter Bottom’. which is a bullish pattern signal. The currency pair is likely to rise. 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).

6.632 – 6.657 – 6.739 – 6.437 – 6.513 – 6.661 —
6.497000000 – 6.496000000 —
44.956781048332 – 43.568712098757 —
– —
6.632 – 1784239200

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