AVAX/USDT – 30M – BUY

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

A bullish ascent upwards to the next resistance level at 13.99 is likely expected.

Caution: A possible counter-trend in the direction of the support line at 13.68 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The pair is likely to go up.

Next a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. this is usually a bullish chart signal. The currency pair is likely to rise.

Next a ‘Northern Doji’ chart pattern is discovered. The chart shows ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).

13.99 – 13.84 – 13.94 – 13.68 – 13.64 – 13.61 — 61.908757869772 – 65.231868445654 — 94.790326934375 – 94.790326934375 – 84.418486443584 – 91.327743206773

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