AVAX/USDT – 30M – BUY

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

An ascent up to the next resistance line at 23.940000000 will persist.

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

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The pair is likely to go up.

Next a ‘Northern Doji’ chart pattern is discovered. The candles form ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

23.940000000 – 23.880000000 – 24.460000000 – 23.370000000 – 23.100000000 – 23.200000000 — 52.508558669613 – 54.377638625756

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