AVAX/USDT – 30M – BUY

The currency pair Avalanche/Tether (AVAX/USDT) breaks through the descending trendline up.

A bullish ascent up to the next resistance at 26.100000000 is likely expected.

Caution: A possible trend reversal in the direction of the support level at 24.740000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which could be a positive chart scenario. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Current target is 25.77 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance level at 26.100000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Northern Doji’ chart pattern is found. The candles show ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

25.260000000 – 25.770000000 – 23.910000000 – 24.740000000 – 24.850000000 – 22.960000000 — 71.956375655981 – 73.840098580189

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