AVAX/USDT – 1H – BUY

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

A bullish movement upwards to the next resistance level at 6.88 will continue.

Caution: A possible change in the direction of support at 6.613 could happen.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. this is usually a bullish signal. The currency pair is likely to rise.

Moreover a ‘Northern Doji’ candlestick chart pattern is found. The chart shows ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. 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).

6.88 – 6.814 – 6.727 – 6.613 – 6.561 – 6.427 —
6.790000000 – 6.812000000 —
53.450071695159 – 56.596076999821 —
– —
6.88 – 1782997200

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