Buy AVAX/USDT – 30M – BUY

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

A bullish trend upwards to the next resistance at 25.080000000 is likely expected.

Caution: A possible counter-trend in the direction of the support zone at 24.130000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Northern Doji’ candlestick pattern is discovered. The candles form ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. 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).

Support & Resistance Price Range*
3rd High 26.570000000
2nd High 25.330000000
Next High 25.080000000
Current Price 25.020000000
Next Low 24.130000000
2nd Low 23.860000000
3rd Low 23.160000000

25.080000000 – 24.970000000 – 25.330000000 – 24.130000000 – 24.390000000 – 24.240000000 — 60.169533451969 – 61.724252997884

Trading Signals:

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