AVAX/USDT – 4H – BUY

The combination Avalanche/Tether (AVAX/USDT) breaks through the ascending trendline up.

A continuation of the upward movement upwards to the next resistance level at 22.660000000 is likely expected.

Caution: A possible counter-trend in the direction of the support zone at 20.390000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The pair is likely to go up.

And also a ‘Northern Doji’ candlestick pattern is discovered. The candles form ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

21.530000000 – 19.170000000 – 18.280000000 – 20.390000000 – 17.500000000 – 17.610000000

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