The combination Avalanche/Tether (AVAX/USDT) jumps from the bullish trendline down.
A bearish descent downwards to the next support level at 24.520000000 is considered certain.
Caution: A possible change in the direction of resistance at 26.090000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The pair is likely to go down.
And also a ‘Northern Doji’ candle pattern is found. The candles show ‘Northern Doji’. which is a bullish chart scenario. The 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 | 24.950000000 |
| Next Low | 24.520000000 |
| 2nd Low | 23.310000000 |
| 3rd Low | 23.010000000 |
26.090000000 – 26.530000000 – 25.230000000 – 24.520000000 – 23.310000000 – 23.010000000
Trading Signals: FOREX – AVAX – AVAX/USDT – USDT – Northern Doji –