AVAX/USDT – 30M – BUYThe pair Avalanche/Tether (AVAX/USDT) breaks through the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance at 25.980000000 is considered certain.
Caution: A possible trend reversal in the direction of the support zone at 24.520000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Northern Doji’ chart pattern is discovered. The chart shows ‘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 | |
| 2nd High | 26.840000000 |
| Next High | 25.980000000 |
| Current Price | 26.140000000 |
| Next Low | 24.520000000 |
| 2nd Low | 23.310000000 |
| 3rd Low | 23.010000000 |
25.550000000 – 25.230000000 – 24.020000000 – 24.520000000 – 23.310000000 – 23.010000000
Trading Signals: FOREX – AVAX – AVAX/USDT – USDT – Northern Doji –