AVAX/USDT – 30M – BUY

The pair Avalanche/Tether (AVAX/USDT) goes from the bullish trendline upwards

A continuation of the uptrend up to the next resistance line at 26.090000000 is certain.

Caution: A possible trend reversal in the direction of the support level at 24.770000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish signal. The currency pair is likely to rise.

In addition a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. which is often a bullish signal. The currency pair is likely to rise.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend is certain. Target of the current trend is 25.525 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance level at 26.090000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

In addition a ‘Northern Doji’ candle pattern is discovered. The candles form ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

26.090000000 – 26.530000000 – 25.550000000 – 24.770000000 – 24.830000000 – 25.070000000

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