AVAX/USDT – 1H – BUY

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

A continuation of the upward movement up to the next resistance level at 25.510000000 is likely expected.

Caution: A possible trend reversal in the direction of the support line at 24.020000000 should always be considered.
Consider stop-loss settings accordingly.

Then a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which is often a bullish chart signal. The pair is likely to go up.

Then a ‘Northern Doji’ candlestick chart pattern is existing. The chart shows ‘Northern Doji’. which 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’ heading up is 52% (Bull Market) & 51% (Bear Market).

23.700000000 – 22.400000000 – 22.850000000 – 24.020000000 – 21.950000000 – 21.440000000 — 53.497448953166 – 54.801657969158

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