Buy AVAX/USDT – 30M – BUY

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

A bullish ascent upwards to the next resistance at 24.200000000 will persist.

Caution: A possible reversal of the trend in the direction of support at 22.530000000 should be noted.
Consider stop-loss settings accordingly.

Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Current target is 24.53 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 24.200000000 should be noted.
Consider stop-loss settings accordingly.

Then a ‘Northern Doji’ candlestick pattern is discovered. The chart forms ‘Northern Doji’. this 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).

Support & Resistance Price Range*
3rd High 26.530000000
2nd High 26.100000000
Next High 24.200000000
Current Price 23.820000000
Next Low 22.530000000
2nd Low 22.190000000
3rd Low 21.870000000

24.200000000 – 26.100000000 – 26.090000000 – 22.530000000 – 23.150000000 – 24.710000000

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