AVAX/USDT – 30M – BUY

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

A bullish ascent up to the next resistance line at 24.330000000 is likely expected.

Caution: A possible change in the direction of the support line at 22.670000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The currency pair is likely to rise.

Additionally a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.

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 24.33 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the resistance level at 24.330000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.

Additionally a ‘Northern Doji’ candlestick chart pattern is detected. The candles show ‘Northern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

24.330000000 – 24.200000000 – 24.070000000 – 22.670000000 – 22.860000000 – 23.820000000 — 57.389650265442 – 60.948316519758

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