AVAX/USDT – 30M – BUY

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

A bullish ascent upwards to the next resistance level at 24.070000000 is likely expected.

Caution: A possible counter-trend in the direction of the support level at 23.580000000 could occur.
Consider stop-loss settings accordingly.

Moreover a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart scenario. The currency pair is likely to rise.

Moreover a ‘Resistance Level’ indicator layout is detected. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The currency pair could go up.

Moreover a ‘Northern Doji’ candlestick chart pattern is detected. The chart shows ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. 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 – 23.580000000 – 23.370000000 – 23.100000000 — 60.314303553105 – 67.473019394618

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