Buy AVAX/USDT – 30M – BUY

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

An ascent up to the next resistance level at 13.74 is considered certain.

Caution: A possible reversal of the trend in the direction of support at 12.84 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Northern Doji’ candlestick chart pattern is found. The candles show ‘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 likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 14.89
2nd High 14.31
Next High 13.74
Current Price 13.700000000
Next Low 12.84
2nd Low 12.54
3rd Low

13.74 – 13.02 – 13.11 – 12.84 – 12.54 – 12.87 — 62.774329511963 – 64.891856544403 — 10.273712942604 – 25.928172466955 – 8.9618672546219 – 12.067295136519

Trading Signals:

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