AVAX/USDT – 30M – BUY

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

A bullish ascent up to the next resistance line at 23.970000000 is considered certain.

Caution: A possible reversal of the trend in the direction of support at 23.160000000 could happen.
Consider stop-loss settings accordingly.

Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Current target is 24.8 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 23.970000000 could happen.
Consider stop-loss settings accordingly.

And also a ‘Northern Doji’ candlestick pattern is detected. The chart forms ‘Northern Doji’. this 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).

23.970000000 – 23.670000000 – 24.560000000 – 23.160000000 – 23.110000000 – 23.030000000 — 61.131293289446 – 62.051055452681

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