AVAX/USDT – 30M – BUY

In addition a ‘Double bottom chart pattern’ chart layout is detected. The chart forms ‘Double bottom chart pattern’. which is a bullish chart scenario. The currency pair is likely to rise.

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

A continuation of the bullish trend up to the next resistance level at 24.900000000 is likely expected.

Caution: A possible trend reversal in the direction of the support line at 24.370000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The currency pair is likely to rise.

In addition a ‘Northern Doji’ candlestick chart pattern is existing. The chart forms ‘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 probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

24.900000000 – 24.600000000 – 24.050000000 – 24.370000000 – 22.760000000 – 23.540000000 — 55.102726163424 – 59.980135303223

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – Double bottom chart pattern – –