AVAX/USDT – 1H – BUY

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

A continuation of the upward movement upwards to the next resistance line at 31.250000000 is considered certain.

Caution: A possible counter-trend in the direction of the support line at 28.250000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

And also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The currency pair could go up.

And also a ‘Resistance Level’ indicator signal is found. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The pair is likely to go up.

And also a ‘Northern Doji’ candlestick pattern is existing. The candles form ‘Northern Doji’. which is a positive pattern signal. 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’ heading up is 52% (Bull Market) & 51% (Bear Market).

31.250000000 – 29.400000000 – 29.990000000 – 28.250000000 – 28.300000000 – 24.900000000 — 47.238324869203 – 48.161387407826

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