AVAX/USDT – 1H – BUY

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

A bullish ascent upwards to the next resistance at 20.000000000 is expected.

Caution: A possible counter-trend in the direction of the support zone at 18.130000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.

Also there is a ‘Northern Doji’ candlestick pattern is existing. The chart shows ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

20.000000000 – 19.280000000 – 19.550000000 – 18.130000000 – 18.700000000 – 18.730000000

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