AVAX/USDT – 30M – BUY

The pair Avalanche/Tether (AVAX/USDT) goes from the bullish trendline upwards

A continuation of the bullish trend up to the next resistance line at 22.080000000 is likely expected.

Caution: A possible counter-trend in the direction of the support line at 20.990000000 could occur.
Consider stop-loss settings accordingly.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The currency pair is likely to rise.

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

Next a ‘Northern Doji’ candlestick chart pattern is existing. The chart forms ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

22.080000000 – 21.800000000 – 21.080000000 – 20.990000000 – 20.180000000 – 20.320000000

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