AVAX/USDT – 30M – BUY

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

A continuation of the bullish trend upwards to the next resistance line at 22.350000000 will continue.

Caution: A possible change in the direction of the support zone at should be noted.
Consider stop-loss settings accordingly.

In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The currency pair is likely to rise.

Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Target of the current trend is 22.54826 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance level at 22.350000000 should be noted.
Consider stop-loss settings accordingly.

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

22.350000000 – 22.400000000 – 22.310000000 – 21.770000000 – 21.570000000 – 21.440000000 — 53.477648540465 – 55.02471861902

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