AVAX/USDT – 30M – BUY

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

The bullish trend upwards to the next resistance level at 19.920000000 is expected.

Caution: A possible change in the direction of the support line at could occur.
In the case of a trade, always set appropriate stop-loss settings.

In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive signal. The pair is likely to go up.

In addition a ‘Northern Doji’ chart pattern is discovered. The candles form ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

19.920000000 – 19.950000000 – 19.500000000 – 19.360000000 – 18.430000000 – 19.950000000

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