Buy AVAX/USDT – 30M – BUY

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

An ascent up to the next resistance at 24.050000000 is likely expected.

Caution: A possible counter-trend in the direction of support at is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart scenario. The currency pair is likely to rise.

In addition a ‘Northern Doji’ candlestick pattern is discovered. The chart shows ‘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).

Support & Resistance Price Range*
3rd High 24.820000000
2nd High 24.550000000
Next High 24.050000000
Current Price 24.020000000
Next Low
2nd Low
3rd Low

24.050000000 – 24.550000000 – 24.820000000 – 23.260000000 – 24.020000000 – 23.040000000 — 53.8973519592 – 56.680591755411

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