AVAX/USDT – 30M – BUY

The combination Avalanche/Tether (AVAX/USDT) jumps from the bullish trendline upwards

A continuation of the upward movement upwards to the next resistance line at 21.530000000 is likely expected.

Caution: A possible change in the direction of the support level at could occur.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 21.53 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance level at 21.530000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

And also a ‘Northern Doji’ candlestick chart pattern is found. The chart shows ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

21.530000000 – 21.220000000 – 18.590000000 – 20.320000000 – 20.810000000 – 20.720000000

Trading Signals: FOREX – AVAX – AVAX/USDT – USDT – Northern Doji –