Buy AVAX/USDT – 1H – BUY

The combination Avalanche/Tether (AVAX/USDT) jumps from the bearish trendline upwards

The bullish trend up to the next resistance level at 24.120000000 will persist.

Caution: A possible change in the direction of the support zone at 22.400000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘RSI cross above 30’ indicator layout is existing. The indicator is ‘RSI cross above 30’. this is usually a bullish signal. The currency pair is likely to rise.

Then a ‘Northern Doji’ candle chart pattern is detected. The chart shows ‘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 chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 27.380000000
2nd High 25.510000000
Next High 24.120000000
Current Price 22.130000000
Next Low 22.400000000
2nd Low 22.190000000
3rd Low 20.390000000

24.120000000 – 25.510000000 – 27.380000000 – 22.400000000 – 23.880000000 – 24.430000000 — 31.753467014361 – 35.846112818569

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