AVAX/USDT – 30M – BUY

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

A continuation of the upward movement upwards to the next resistance level at 29.400000000 is likely expected.

Caution: A possible reversal of the trend in the direction of the support level at 28.250000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which could be a positive signal. The currency pair could go up.

Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Current target is 29.61764 at the Fibonacci level 0.79-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 29.400000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Northern Doji’ candlestick chart pattern is discovered. The chart forms ‘Northern Doji’. which is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

28.830000000 – 29.400000000 – 29.200000000 – 28.250000000 – 28.720000000 – 28.300000000 — 79.579195114181 – 80.67202408252

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