Buy AVAX/USDT – 1H – BUY

The pair Avalanche/Tether (AVAX/USDT) goes from the bearish trendline up.

An ascent up to the next resistance level at 14.83 will continue.

Caution: A possible trend reversal in the direction of the support level at 12.23 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart scenario. The currency pair is likely to rise.

Besides a ‘%K crosses above %D’ indicator layout is detected. The indicator is ‘%K crosses above %D’. which could be a positive chart scenario. The currency pair is likely to rise.

Besides a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which could be a positive chart scenario. The pair is likely to go up.

Besides a ‘Northern Doji’ candle chart pattern is found. The chart shows ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. 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 15.09
2nd High 14.86
Next High 14.83
Current Price 14.150000000
Next Low 12.23
2nd Low 12.21
3rd Low 12.14

14.83 – 14.75 – 14.53 – 13.88 – 14.24 – 13.91 — 42.221217333639 – 49.545593179238 — 33.465164802535 – 60.921957407037 – 44.472922364511 – 44.532332090579

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