AVAX/USDT – 1H – BUY

Moreover a ‘Double bottom chart pattern’ chart pattern is discovered. The chart forms ‘Double bottom chart pattern’. this is a bullish chart scenario. The currency pair is likely to go up.

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

The bullish trend up to the next resistance line at 13.94 will persist.

Caution: A possible reversal of the trend in the direction of the support zone at should be noted.
Consider stop-loss settings accordingly.

Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive signal. The currency pair could go up.

Moreover a ‘Northern Doji’ candle chart pattern is discovered. The chart forms ‘Northern Doji’. this is a bullish chart scenario. 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).

13.94 – 14.22 – 14.83 – 13.68 – 13.64 – 13.61 — 53.556695046278 – 65.743058415054 — 95.288790194414 – 97.644395097207 – 93.718386925885 – 95.288790194414

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – Double bottom chart pattern – –