Buy AVAX/USDT – 4H – BUY

The currency pair Avalanche/Tether (AVAX/USDT) breaks through the bullish trendline up.

A continuation of the upward movement upwards to the next resistance line at 14.83 is expected.

Caution: A possible counter-trend in the direction of the support line at 12.21 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.

And also a ‘%K crosses above %D’ indicator signal is detected. The indicator is ‘%K crosses above %D’. which could be a positive chart scenario. The currency pair could go up.

And also a ‘Northern Doji’ candle pattern is detected. The candles show ‘Northern Doji’. which is a bullish signal. The currency pair is likely to go up. 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).

Support & Resistance Price Range*
3rd High 15.27
2nd High 15.09
Next High 14.83
Current Price 14.450000000
Next Low 12.21
2nd Low 11.84
3rd Low 11.26

13.2 – 12.62 – 12.55 – 12.21 – 12.33 – 11.84 — 64.537976420704 – 68.145985900971 — 18.149590312475 – 38.911091057539 – 22.838304902676 – 24.770374108688

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