Buy AVAX/USDT – 1H – BUY

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

A continuation of the bullish trend up to the next resistance at 14.53 is likely expected.

Caution: A possible counter-trend in the direction of the support level at 13.91 is also possible.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Northern Doji’ chart pattern is detected. The chart shows ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. 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).

Support & Resistance Price Range*
3rd High 14.86
2nd High 14.83
Next High 14.53
Current Price 14.440000000
Next Low 13.91
2nd Low 12.23
3rd Low 12.21

14.53 – 13.86 – 12.67 – 13.91 – 12.23 – 12.21 — 56.145377963911 – 57.060455261861 — 42.139589881785 – 40.658384250573 – 53.850764543018 – 45.134192800183

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