AVAX/USDT – 30M – BUY

The pair Avalanche/Tether (AVAX/USDT) jumps from the bullish trendline upwards

A continuation of the upward movement up to the next resistance line at 6.334 is likely expected.

Caution: A possible trend reversal in the direction of the support line at 6.097 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The currency pair could go up.

Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 6.2495 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance level at 6.334 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Besides a ‘Northern Doji’ candle pattern is existing. The candles show ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. 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).

6.334 – 6.472 – 6.336 – 6.166 – 6.097 – 6.204 —
6.295000000 – 6.136000000 —
44.098215958112 – 40.938028704724 —
– —
6.334 – 1782187200

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