AVAX/USDT – 30M – BUY

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

The bullish trend up to the next resistance line at 24.820000000 is likely expected.

Caution: A possible reversal of the trend in the direction of support at 22.760000000 could happen.
Consider stop-loss settings accordingly.

Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 24.82 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 24.820000000 could happen.
Consider stop-loss settings accordingly.

In addition a ‘Northern Doji’ candle chart pattern is found. The chart shows ‘Northern Doji’. which is a bullish signal. The 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).

24.600000000 – 24.050000000 – 24.550000000 – 22.760000000 – 23.540000000 – 23.260000000 — 60.67690389271 – 62.620340914853

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