AVAX/USDT – 1H – BUY

The pair Avalanche/Tether (AVAX/USDT) jumps from the ascending trendline up.

A continuation of the uptrend upwards to the next resistance level at 26.090000000 is considered certain.

Caution: A possible change in the direction of the support level at 24.520000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.

Besides a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. which is often a bullish signal. The currency pair could go up.

Besides a ‘Northern Doji’ candle chart pattern is existing. The chart forms ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

26.090000000 – 26.530000000 – 25.230000000 – 24.520000000 – 23.310000000 – 23.010000000

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