AVAX/USDT – 1H – BUY

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

A continuation of the bullish trend up to the next resistance line at 25.030000000 is certain.

Caution: A possible reversal of the trend in the direction of the support zone at could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive signal. The currency pair is likely to rise.

Also there is a ‘Northern Doji’ chart pattern is discovered. The candles form ‘Northern Doji’. which is a bullish 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’ heading up is 52% (Bull Market) & 51% (Bear Market).

25.030000000 – 23.240000000 – 22.580000000 – 23.010000000 – 22.190000000 – 20.390000000

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