AVAX/USDT – 30M – BUY

The combination Avalanche/Tether (AVAX/USDT) breaks through the descending trendline up.

The bullish trend upwards to the next resistance at 14.86 is likely expected.

Caution: A possible trend reversal in the direction of the support level at 14.21 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Besides a ‘Northern Doji’ candlestick 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 success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).

14.86 – 14.79 – 15.09 – 14.21 – 14.68 – 13.87 — 42.034967564275 – 43.989586361106 — 74.80417326987 – 87.229803765315 – 66.082556029302 – 74.908599929173

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