AVAX/USDT – 30M – BUYThe combination Avalanche/Tether (AVAX/USDT) breaks through the bearish trendline up.
A bullish movement upwards to the next resistance line at 23.670000000 is certain.
Caution: A possible trend reversal in the direction of the support zone at 22.400000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Northern Doji’ candle chart pattern is existing. The candles form ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. 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 | 25.510000000 |
| 2nd High | 24.510000000 |
| Next High | 23.670000000 |
| Current Price | 23.470000000 |
| Next Low | 22.400000000 |
| 2nd Low | 22.190000000 |
| 3rd Low | 21.870000000 |
23.670000000 – 24.510000000 – 25.510000000 – 22.400000000 – 23.100000000 – 23.880000000 — 49.817436746539 – 53.358425859215
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – Double top retreat up –