AVAX/USDT – 30M – BUY

The combination Avalanche/Tether (AVAX/USDT) moves from the ascending trendline upwards

A continuation of the bullish trend upwards to the next resistance line at 14.75 is expected.

Caution: A possible trend reversal in the direction of the support level at 14.24 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

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

Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend is expected. Current target is 14.75 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the resistance line at 14.75 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Furthermore a ‘Northern Doji’ chart pattern is discovered. The chart shows ‘Northern Doji’. which is a positive pattern 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).

14.75 – 14.53 – 13.86 – 14.24 – 14.25 – 13.91 — 63.148449133523 – 63.619412194458 — 100 – 100 – 97.369805365597 – 99.123268455199

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