AVAX/USDT – 1H – BUY

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

A continuation of the uptrend up to the next resistance level at 25.030000000 is expected.

Caution: A possible reversal of the trend in the direction of the support level at 22.190000000 could occur.
Consider stop-loss settings accordingly.

There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The pair is likely to go up.

There is also a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which is often a bullish signal. The currency pair is likely to rise.

There is also a ‘Northern Doji’ candlestick chart pattern is discovered. The candles form ‘Northern Doji’. which is a positive 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).

25.030000000 – 23.240000000 – 22.580000000 – 22.190000000 – 20.390000000 – 20.990000000

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