AVAX/USDT – 30M – BUY

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

A bullish trend up to the next resistance level at 13.02 will persist.

Caution: A possible change in the direction of the support line at is also possible.
Consider stop-loss settings accordingly.

Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The pair is likely to go up.

Next a ‘Northern Doji’ candlestick chart pattern is found. The chart shows ‘Northern Doji’. which is a positive signal. 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).

13.02 – 13.11 – 14.31 – 12.54 – 12.87 – 13.98 — 53.506285428058 – 55.500568437582 — 13.088144647627 – 27.56203912974 – 12.90792154268 – 14.085793210511

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