Buy AVAX/USDT – 1H – BUY

The pair Avalanche/Tether (AVAX/USDT) jumps from the bullish trendline upwards

A continuation of the bullish trend upwards to the next resistance level at 25.660000000 will persist.

Caution: A possible trend reversal in the direction of the support line at is also possible.
Consider stop-loss settings accordingly.

Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart scenario. The currency pair is likely to rise.

Also there is a ‘Northern Doji’ chart pattern is detected. The chart shows ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

Support & Resistance Price Range*
3rd High 27.380000000
2nd High 25.990000000
Next High 25.660000000
Current Price 24.210000000
Next Low
2nd Low
3rd Low

25.660000000 – 25.990000000 – 25.440000000 – 23.460000000 – 23.180000000 – 22.760000000 — 50.946688209695 – 55.623109118861

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