AVAX/USDT – 30M – BUY

The combination Avalanche/Tether (AVAX/USDT) breaks through the bearish trendline upwards

The bullish trend upwards to the next resistance line at 13.99 will persist.

Caution: A possible trend reversal in the direction of the support line at 13.68 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. this is usually a bullish signal. The pair is likely to go up.

Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Current target is 13.8 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance level at 13.99 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Northern Doji’ candle chart pattern is detected. The candles form ‘Northern Doji’. this is a bullish pattern signal. The 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).

13.99 – 13.84 – 13.94 – 13.68 – 13.64 – 13.61 — 43.801342372253 – 49.451048448701 — 16.705897599915 – 34.150912217658 – 14.130388755562 – 20.49390422076

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