Buy AVAX/USDT – 1H – BUY

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

A continuation of the upward movement up to the next resistance level at 9.45 will persist.

Caution: A possible change in the direction of the support level at 8.18 is also possible.
Consider stop-loss settings accordingly.

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

Support & Resistance Price Range*
3rd High 10.34
2nd High 9.48
Next High 9.45
Current Price 9.740000000
Next Low 8.18
2nd Low 7.55
3rd Low

9.45 – 9.36 – 9.21 – 8.18 – 8.66 – 8.8 —
8.830000000 – 9.820000000 —
68.429561011732 – 79.085960167021 —
– —
9.45 – 1771682400

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