Buy AVAX/USDT – 1H – BUY

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

The bullish trend upwards to the next resistance line at 24.600000000 will persist.

Caution: A possible reversal of the trend in the direction of the support level at 22.760000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘Northern Doji’ chart pattern is existing. The candles form ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 25.510000000
2nd High 24.820000000
Next High 24.600000000
Current Price 24.840000000
Next Low 22.760000000
2nd Low 21.950000000
3rd Low 21.440000000

24.600000000 – 24.820000000 – 23.700000000 – 22.760000000 – 23.260000000 – 24.020000000 — 60.679010611841 – 63.768926761959

Trading Signals:

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