AVAX/USDT – 30M – BUY

The combination Avalanche/Tether (AVAX/USDT) jumps from the bearish trendline upwards

An ascending movement upwards to the next resistance line at 20.000000000 is certain.

Caution: A possible reversal of the trend in the direction of the support level at 18.130000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 19.065 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 20.000000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Northern Doji’ candlestick pattern is existing. The chart forms ‘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).

20.000000000 – 19.930000000 – 19.860000000 – 18.130000000 – 18.700000000 – 19.420000000

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