AVAX/USDT – 30M – BUY

The combination Avalanche/Tether (AVAX/USDT) jumps from the ascending trendline upwards

A continuation of the bullish trend upwards to the next resistance at 34.030000000 is certain.

Caution: A possible counter-trend in the direction of support at 29.380000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive signal. The pair is likely to go up.

In addition a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which is often a bullish signal. The pair is likely to go up.

Correction of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Current target is 33.50272 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance level at 34.030000000 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.

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

34.030000000 – 34.110000000 – 35.810000000 – 32.790000000 – 33.000000000 – 32.860000000 — 52.16178150922 – 54.192869414512

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