Buy AVAX/USDT – 1H – BUY

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

An ascent upwards to the next resistance at 24.820000000 is expected.

Caution: A possible change in the direction of support at 21.950000000 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish signal. The currency pair could go up.

Besides a ‘StochRSI fall below 80’ indicator layout is discovered. The indicator is ‘StochRSI fall below 80’. which is often a bullish signal. The currency pair could go up.

Besides a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The pair is likely to go up.

Besides a ‘Northern Doji’ candle pattern is discovered. The chart shows ‘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 likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 27.380000000
2nd High 25.510000000
Next High 24.820000000
Current Price 23.960000000
Next Low 21.950000000
2nd Low 21.440000000
3rd Low 20.390000000

24.820000000 – 23.700000000 – 22.400000000 – 24.020000000 – 21.950000000 – 21.440000000 — 47.358269447211 – 50.039993177985

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