AVAX/USDT – 1H – BUY

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

A continuation of the uptrend up to the next resistance line at 25.030000000 is likely expected.

Caution: A possible change in the direction of the support level at 22.190000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Northern Doji’ candlestick chart pattern is discovered. The chart shows ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

25.030000000 – 23.240000000 – 22.580000000 – 22.190000000 – 20.390000000 – 20.990000000

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