AVAX/USDT – 30M – BUYThe combination Avalanche/Tether (AVAX/USDT) moves from the ascending trendline up.
A continuation of the bullish trend up to the next resistance at 26.090000000 will continue.
Caution: A possible trend reversal in the direction of the support level at could be enabled.
Consider stop-loss settings accordingly.
In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The pair is likely to go up.
In addition a ‘Northern Doji’ candle pattern is discovered. The candles form ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 26.840000000 |
| 2nd High | 26.530000000 |
| Next High | 26.090000000 |
| Current Price | 25.590000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
26.090000000 – 26.530000000 – 25.550000000 – 24.830000000 – 25.070000000 – 24.520000000
Trading Signals: FOREX – AVAX – AVAX/USDT – USDT – Northern Doji –