Buy AVAX/USDT – 30M – BUY

The currency pair Avalanche/Tether (AVAX/USDT) goes from the ascending trendline up.

A continuation of the uptrend up to the next resistance at 24.550000000 is expected.

Caution: A possible change in the direction of the support level at 22.190000000 should be noted.
Consider stop-loss settings accordingly.

And also a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which could be a positive signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Current target is 24.22288 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance zone at 24.550000000 should be noted.
Consider stop-loss settings accordingly.

And also a ‘Northern Doji’ candlestick pattern is detected. The candles form ‘Northern Doji’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 25.980000000
2nd High 25.030000000
Next High 24.550000000
Current Price 23.390000000
Next Low 22.190000000
2nd Low 21.870000000
3rd Low 21.610000000

24.550000000 – 25.030000000 – 23.240000000 – 22.190000000 – 22.400000000 – 21.870000000

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