AVAX/USDT – 30M – BUY

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

A bullish ascent up to the next resistance at 13.91 is likely expected.

Caution: A possible counter-trend in the direction of the support zone at 13.27 could occur.
Consider stop-loss settings accordingly.

Furthermore a ‘%K crosses above %D’ indicator layout is detected. The indicator shows ‘%K crosses above %D’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Furthermore a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which is often a bullish chart scenario. The currency pair could go up.

Furthermore a ‘Northern Doji’ chart pattern is existing. The candles form ‘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 success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

13.91 – 13.85 – 13.55 – 13.27 – 12.96 – 13.16 — 42.176381714286 – 47.966006450149 — 2.584388185654 – 13.775976636918 – 5.6841577640123 – 7.0610199526775

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