AVAX/USDT – 30M – BUYThe combination Avalanche/Tether (AVAX/USDT) jumps from the bullish trendline down.
A bearish movement down to the next support line at 42.030000000 will continue.
Caution: A possible counter-trend in the direction of the resistance level at 50.840000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Southern Doji’ candlestick chart pattern is existing. The chart forms ‘Southern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 52.050000000 |
| 2nd High | 50.860000000 |
| Next High | 50.840000000 |
| Current Price | 44.070000000 |
| Next Low | 42.030000000 |
| 2nd Low | 41.240000000 |
| 3rd Low | 40.890000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Southern Doji