Buy AVAX/USDT – 1H – BUY

The combination Avalanche/Tether (AVAX/USDT) breaks through the descending trendline upwards

An ascending movement up to the next resistance line at 22.850000000 is likely expected.

Caution: A possible change in the direction of the support level at 21.440000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Northern Doji’ candle pattern is found. The candles form ‘Northern Doji’. this is a bullish pattern signal. The 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).

Support & Resistance Price Range*
3rd High 25.510000000
2nd High 24.120000000
Next High 22.850000000
Current Price 22.340000000
Next Low 21.440000000
2nd Low 20.390000000
3rd Low 20.180000000

22.850000000 – 24.120000000 – 25.510000000 – 21.440000000 – 21.580000000 – 22.400000000 — 55.258345103828 – 57.844182931208

Trading Signals:

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