AVAX/USDT – 30M – BUY

Next a ‘Double bottom chart pattern’ chart pattern is existing. The chart picture shows ‘Double bottom chart pattern’. this is a bullish chart scenario. The currency pair is likely to rise.

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

A bullish ascent up to the next resistance at 21.510000000 is likely expected.

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

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

Next a ‘Northern Doji’ candlestick chart pattern is existing. The chart forms ‘Northern Doji’. this is a bullish pattern 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’ going up is 52% (Bull Market) & 51% (Bear Market).

21.510000000 – 22.000000000 – 22.080000000 – 20.690000000 – 20.390000000 – 20.990000000

Trading Signals: FOREX – AVAX – AVAX/USDT – USDT – Northern Doji – Double bottom chart pattern