AVAX/USDT – 30M – BUY

The currency pair Avalanche/Tether (AVAX/USDT) moves from the ascending trendline upwards

A continuation of the uptrend up to the next resistance at 14.53 will continue.

Caution: A possible counter-trend in the direction of support at 14.08 should be noted.
Consider stop-loss settings accordingly.

Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart signal. The pair is likely to go up.

Next a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. this is usually a bullish chart signal. The pair is likely to go up.

Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend will continue. Current target is 14.53 at the Fibonacci level 1-Level. Caution: A possible counter-trend in the direction of the resistance zone at 14.53 should be noted.
Consider stop-loss settings accordingly.

Next a ‘Northern Doji’ candle pattern is discovered. The chart shows ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. 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).

14.53 – 13.86 – 13.69 – 14.08 – 14 – 13.09 — 52.253017593902 – 53.205163723458 — 50.985935155132 – 66.666666666667 – 45.548459149129 – 48.639467653184

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