AVAX/USDT – 30M – BUY

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

A continuation of the uptrend up to the next resistance at 24.730000000 will persist.

Caution: A possible trend reversal in the direction of the support zone at 24.260000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which could be a positive chart scenario. The pair is likely to go up.

Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will persist. Current target is 24.73 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance line at 24.730000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.

Moreover a ‘Northern Doji’ chart pattern is existing. The candles form ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

24.690000000 – 24.730000000 – 24.620000000 – 24.260000000 – 24.380000000 – 24.090000000 — 56.161183145872 – 58.867750458145

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