AVAX/USDT – 30M – BUY

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

A continuation of the bullish trend upwards to the next resistance line at 25.030000000 is expected.

Caution: A possible counter-trend in the direction of the support line at could be enabled.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart scenario. The pair is likely to go up.

Additionally a ‘Northern Doji’ candle pattern is found. The candles form ‘Northern Doji’. which 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).

25.030000000 – 23.240000000 – 23.020000000 – 22.190000000 – 22.400000000 – 21.870000000

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