AVAX/USDT – 30M – BUY

The combination Avalanche/Tether (AVAX/USDT) breaks through the ascending trendline upwards

A continuation of the bullish trend upwards to the next resistance level at 22.660000000 will continue.

Caution: A possible counter-trend in the direction of the support line at 20.990000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Target of the current trend is 21.8 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance level at 22.660000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Northern Doji’ candle pattern is found. The candles show ‘Northern Doji’. this is a bullish signal. The currency 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).

21.800000000 – 21.080000000 – 21.530000000 – 20.990000000 – 20.180000000 – 20.320000000

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