AVAX/USDT – 30M – BUY

Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The currency pair could go down.

Correction of the major bullish trend broke the Fibonacci 0.5-Level.Continuation of the current descending trend will continue. Target of the current trend is 11.42688 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the support level at 11.75 should be noted.
In the case of a trade, always set appropriate stop-loss settings.

Also there is a ‘Matching Low’ chart pattern is found. The candles form ‘Matching Low’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Matching Low’ heading up is 61% (Bull & Bear Market).

11.75 – 12.06 – 12.12 – 11.23 – 11.83 – 11.87 —
11.610000000 – 11.750000000 —
50.413800374266 – 55.484492419003 —
– —
11.75000 – 1769391000

Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Matching Low – – –