AVAX/USDT – 30M – BUY

The combination Avalanche/Tether (AVAX/USDT) breaks through the bearish trendline up.

An ascending movement up to the next resistance at 25.260000000 is expected.

Caution: A possible change in the direction of the support level at 24.850000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Next 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 signal. The currency pair could go up.

Next a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which is often a bullish signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 25.77 at the Fibonacci level 0-Level. Caution: A possible change in the direction of the resistance zone at 25.260000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Northern Doji’ candle pattern is discovered. The chart forms ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. 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).

25.260000000 – 25.770000000 – 23.910000000 – 24.850000000 – 22.960000000 – 22.870000000 — 54.371305958884 – 56.311184303589

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