AVAX/USDT – 1H – BUY

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

The bullish trend up to the next resistance at 14.05 will persist.

Caution: A possible trend reversal in the direction of support at 13.26 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Northern Doji’ candlestick pattern is detected. The candles form ‘Northern Doji’. this 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’ heading 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	13.26
2nd Low	13.16
3rd Low	13.03

14.05 – 13.59 – 13.44 – 13.26 – 13.16 – 13.03 — 64.153303993457 – 68.803252865539 — 67.565878698427 – 82.693612484249 – 60.077186766078 – 69.273188217809

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