AVAX/USDT – 1H – BUY

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

An ascending movement upwards to the next resistance line at 25.780000000 is certain.

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

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

Then a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which is often a bullish chart scenario. The pair is likely to go up.

Then a ‘Northern Doji’ candle pattern is discovered. The candles form ‘Northern Doji’. which is a positive 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’ going up is 52% (Bull Market) & 51% (Bear Market).

25.780000000 – 24.280000000 – 24.330000000 – 23.510000000 – 22.670000000 – 22.860000000 — 43.487796878209 – 45.044489678867

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