Buy AVAX/USDT – 30M – BUY

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

A continuation of the bullish trend upwards to the next resistance line at 14.05 is considered certain.

Caution: A possible reversal of the trend in the direction of the support level at 13.7 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Northern Doji’ candlestick pattern is detected. The chart forms ‘Northern Doji’. which is a positive 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’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 15.85
2nd High 14.93
Next High 14.05
Current Price 14.080000000
Next Low 13.7
2nd Low 13.26
3rd Low 13.16

14.05 – 13.59 – 13.44 – 13.7 – 13.78 – 13.26 — 64.945155994104 – 67.103638468878 — 90.058393803904 – 100 – 85.255768118775 – 91.087818743027

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