The pair Avalanche/Tether (AVAX/USDT) breaks through the ascending trendline up.
A continuation of the bullish trend up to the next resistance at 26.840000000 is considered certain.
Caution: A possible counter-trend in the direction of the support level at 24.740000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is considered certain. Current target is 26.46 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance line at 26.840000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Northern Doji’ chart pattern is existing. The candles show ‘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’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 26.840000000 |
| Current Price | 26.720000000 |
| Next Low | 24.740000000 |
| 2nd Low | 22.960000000 |
| 3rd Low | 22.870000000 |
26.460000000 – 25.260000000 – 25.770000000 – 24.740000000 – 24.850000000 – 22.960000000 — 63.240180194299 – 66.669243977929
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – –