Buy AVAX/USDT – 4H – BUY

The pair Avalanche/Tether (AVAX/USDT) breaks through the ascending trendline upwards

A continuation of the upward movement up to the next resistance level at 24.350000000 is likely expected.

Caution: A possible trend reversal in the direction of the support level at 20.390000000 could occur.
Consider stop-loss settings accordingly.

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

Support & Resistance Price Range*
3rd High 26.840000000
2nd High 25.980000000
Next High 24.350000000
Current Price 23.870000000
Next Low 20.390000000
2nd Low 17.500000000
3rd Low 17.020000000

21.530000000 – 19.170000000 – 18.280000000 – 20.390000000 – 17.500000000 – 17.610000000

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