AVAX/USDT – 30M – BUYThe combination Avalanche/Tether (AVAX/USDT) goes from the descending trendline upwards
An ascent up to the next resistance level at 18.880000000 is considered certain.
Caution: A possible change in the direction of the support level at 17.500000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Northern Doji’ candle chart pattern is existing. The chart forms ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 20.000000000 |
| 2nd High | 19.170000000 |
| Next High | 18.880000000 |
| Current Price | 17.750000000 |
| Next Low | 17.500000000 |
| 2nd Low | 17.020000000 |
| 3rd Low | 15.610000000 |
18.880000000 – 19.170000000 – 18.260000000 – 17.500000000 – 17.960000000 – 18.340000000
Trading Signals: FOREX – AVAX – AVAX/USDT – USDT – Northern Doji –