Buy AVAX/USDT – 1H – BUY

The pair Avalanche/Tether (AVAX/USDT) jumps from the bullish trendline up.

A continuation of the bullish trend up to the next resistance level at 25.990000000 is likely expected.

Caution: A possible reversal of the trend in the direction of the support level at 22.760000000 could occur.
Consider stop-loss settings accordingly.

Next a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which could be a positive chart scenario. The pair is likely to go up.

Next a ‘Northern Doji’ candle chart pattern is detected. The chart forms ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High
2nd High 27.380000000
Next High 25.990000000
Current Price 23.670000000
Next Low 22.760000000
2nd Low 21.950000000
3rd Low 21.440000000

25.990000000 – 25.440000000 – 24.600000000 – 22.760000000 – 23.260000000 – 24.020000000 — 34.108700762161 – 36.891241370501

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