AVAX/USDT – 1H – BUY

The currency pair Avalanche/Tether (AVAX/USDT) breaks through the bearish trendline up.

The bullish trend up to the next resistance level at 13.79 is certain.

Caution: A possible counter-trend in the direction of the support level at 12.81 could be enabled.
Consider stop-loss settings accordingly.

Also there is a ‘Northern Doji’ candle pattern is found. The candles show ‘Northern Doji’. which is a bullish pattern signal. The 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).

13.79 – 14.83 – 14.68 – 12.81 – 12.89 – 13.24 — 44.484965079028 – 46.815821111759 — 51.731697269303 – 67.507059979623 – 46.307810231346 – 54.704271876447

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – Rising Wedge Chart Pattern – –