The currency pair Avalanche/Tether (AVAX/USDT) goes from the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance level at 23.670000000 will continue.
Caution: A possible reversal of the trend in the direction of support at 23.100000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which is often a bullish chart scenario. The currency pair could go up.
Correction of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Current target is 24.11008 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 23.670000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Northern Doji’ candle chart pattern is existing. The chart forms ‘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 | 25.510000000 |
| 2nd High | 24.510000000 |
| Next High | 23.670000000 |
| Current Price | 23.260000000 |
| Next Low | 23.100000000 |
| 2nd Low | 22.960000000 |
| 3rd Low | 22.870000000 |
23.670000000 – 24.510000000 – 25.510000000 – 23.100000000 – 23.880000000 – 24.430000000 — 42.683480290616 – 46.723829395116
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – –