AVAX/USDT – 1H – BUY

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

The bullish trend upwards to the next resistance line at 13.85 will persist.

Caution: A possible counter-trend in the direction of the support level at 12.96 could occur.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart scenario. The pair is likely to go up.

Moreover a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The currency pair could go up.

Moreover a ‘Northern Doji’ candlestick pattern is detected. The candles form ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. 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).

13.85 – 13.55 – 14.86 – 12.96 – 13.16 – 14.21 — 50.011301119553 – 52.766731033769 — 17.897501050462 – 18.134805201263 – 36.465961913883 – 23.390566980904

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