AVAX/USDT – 30M – BUY

The currency pair Avalanche/Tether (AVAX/USDT) breaks through the descending trendline up.

A bullish movement up to the next resistance level at 22.310000000 will persist.

Caution: A possible change in the direction of the support line at is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The currency pair is likely to rise.

Next a ‘Northern Doji’ chart pattern is discovered. The candles show ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to go up. 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).

22.310000000 – 22.850000000 – 24.120000000 – 21.770000000 – 21.570000000 – 21.440000000 — 52.472573054627 – 58.037491794778

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