AVAX/USDT – 30M – BUY

The currency pair Avalanche/Tether (AVAX/USDT) breaks through the descending trendline upwards

A bullish movement upwards to the next resistance level at 24.070000000 is certain.

Caution: A possible counter-trend in the direction of support at 23.820000000 could be enabled.
Consider stop-loss settings accordingly.

Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart scenario. The currency pair could go up.

Moreover a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bullish chart scenario. The pair is likely to go up.

Moreover a ‘Northern Doji’ candlestick pattern is existing. The candles show ‘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 probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

24.070000000 – 23.940000000 – 23.880000000 – 23.820000000 – 23.580000000 – 23.370000000 — 52.897045740096 – 56.503536502663

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