AVAX/USDT – 1H – BUY

The combination Avalanche/Tether (AVAX/USDT) breaks through the bearish trendline upwards

A bullish trend up to the next resistance level at 22.400000000 will persist.

Caution: A possible trend reversal in the direction of the support level at 21.440000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘StochRSI fall below 80’ indicator signal is found. The indicator is ‘StochRSI fall below 80’. this is usually a bearish chart signal. The pair is likely to go down.

Then a ‘Northern Doji’ candle chart pattern is detected. The chart shows ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. 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).

22.400000000 – 22.850000000 – 24.120000000 – 21.440000000 – 21.580000000 – 22.400000000 — 54.01176739409 – 56.642544829844

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