AVAX/USDT – 1H – BUY

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

The bullish trend up to the next resistance at 25.200000000 is likely expected.

Caution: A possible change in the direction of the support zone at could happen.
Please make appropriate stop-loss settings in the case of a trade.

Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The currency pair could go up.

Next a ‘Northern Doji’ candle chart pattern is existing. The chart forms ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

25.200000000 – 25.080000000 – 25.330000000 – 23.100000000 – 24.130000000 – 24.240000000 — 55.760140096584 – 57.890391672395

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – Double bottom chart pattern – –