AVAX/USDT – 30M – BUY

The currency pair Avalanche/Tether (AVAX/USDT) breaks through the bearish trendline upwards

An ascent up to the next resistance at 24.280000000 will continue.

Caution: A possible reversal of the trend in the direction of the support level at 23.510000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart signal. The currency pair is likely to rise.

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

Correction of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend will continue. Current target is 24.33 at the Fibonacci level 1-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 24.280000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.

There is also a ‘Northern Doji’ candle chart pattern is discovered. The candles show ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. 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).

24.280000000 – 24.330000000 – 24.200000000 – 23.510000000 – 22.670000000 – 22.860000000 — 57.06077653145 – 57.312283037672

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