AVAX/USDT – 30M – BUYThe pair Avalanche/Tether (AVAX/USDT) jumps from the bullish trendline up.
A continuation of the bullish trend up to the next resistance at 27.380000000 is expected.
Caution: A possible counter-trend in the direction of the support line at 24.430000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Northern Doji’ candle pattern is detected. The chart shows ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 27.380000000 |
| Current Price | 24.720000000 |
| Next Low | 24.430000000 |
| 2nd Low | 22.960000000 |
| 3rd Low | 22.870000000 |
27.380000000 – 26.460000000 – 25.260000000 – 24.430000000 – 24.740000000 – 24.850000000 — 38.529545940692 – 39.188359869999
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – –