Buy AVAX/USDT – 4H – BUY

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

A continuation of the bullish trend up to the next resistance line at 14.83 is certain.

Caution: A possible trend reversal in the direction of support at 12.21 should always be considered.
Consider stop-loss settings accordingly.

Then a ‘Northern Doji’ chart pattern is found. The chart shows ‘Northern Doji’. which is a bullish signal. The 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 13.870000000
Next Low 12.21
2nd Low 11.84
3rd Low 11.26

13.2 – 12.62 – 12.55 – 12.21 – 12.33 – 11.84 — 42.493904347877 – 44.611051201161 — 6.3428345354928 – 11.80198577565 – 3.2319425012855 – 6.6071055984414

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