AVAX/USDT – 30M – BUY

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

The bullish trend upwards to the next resistance level at 24.550000000 is considered certain.

Caution: A possible trend reversal in the direction of support at could be enabled.
Consider stop-loss settings accordingly.

Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which could be a positive chart signal. The currency pair could go up.

Moreover a ‘Northern Doji’ chart pattern is discovered. The candles show ‘Northern Doji’. this is a bullish pattern 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’ going up is 52% (Bull Market) & 51% (Bear Market).

24.550000000 – 25.030000000 – 23.240000000 – 22.190000000 – 22.400000000 – 21.870000000

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