Buy AVAX/USDT – 30M – BUY

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

A continuation of the uptrend up to the next resistance level at 25.510000000 is likely expected.

Caution: A possible trend reversal in the direction of the support level at 24.370000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Northern Doji’ candle pattern is found. The chart forms ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High 27.380000000
Next High 25.510000000
Current Price 25.300000000
Next Low 24.370000000
2nd Low 22.760000000
3rd Low 22.190000000

24.900000000 – 24.600000000 – 24.050000000 – 24.370000000 – 22.760000000 – 23.540000000 — 65.625940689616 – 68.250675759425

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