Buy AVAX/USDT – 1H – BUY

The pair Avalanche/Tether (AVAX/USDT) moves from the bearish trendline upwards

An ascent upwards to the next resistance at 24.140000000 is expected.

Caution: A possible trend reversal in the direction of the support line at 22.760000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which is often a bullish signal. The pair is likely to go up.

Correction of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Target of the current trend is 23.84316 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance zone at 24.140000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

There is also a ‘Northern Doji’ candle pattern is discovered. The candles show ‘Northern Doji’. which is a bullish chart scenario. The currency 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 25.990000000
2nd High 25.680000000
Next High 24.140000000
Current Price 23.350000000
Next Low 22.760000000
2nd Low 21.950000000
3rd Low 21.440000000

24.140000000 – 25.680000000 – 25.660000000 – 23.360000000 – 23.570000000 – 23.460000000 — 42.25766125482 – 44.073277301258

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