AVAX/USDT – 4H – BUY

The pair Avalanche/Tether (AVAX/USDT) moves from the bullish trendline up.

A continuation of the upward movement up to the next resistance at 25.680000000 will persist.

Caution: A possible change in the direction of the support level at 22.230000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which is often a bullish signal. The currency pair is likely to rise.

Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Target of the current trend is 26.10884 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance zone at 25.680000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Additionally a ‘Northern Doji’ candle chart pattern is detected. The candles show ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

25.680000000 – 25.990000000 – 24.820000000 – 22.230000000 – 23.180000000 – 22.760000000 — 67.48495379495 – 67.822868777461

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