The pair Avalanche/Tether (AVAX/USDT) goes from the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance level at 25.990000000 is certain.
Caution: A possible counter-trend in the direction of the support level at 23.280000000 should always be considered.
Consider stop-loss settings accordingly.
In addition a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which could be a positive chart signal. The currency pair is likely to rise.
In addition a ‘Northern Doji’ candle chart pattern is detected. The chart forms ‘Northern Doji’. which is a positive signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 27.380000000 |
| Next High | 25.990000000 |
| Current Price | 23.560000000 |
| Next Low | 23.280000000 |
| 2nd Low | 22.760000000 |
| 3rd Low | 22.190000000 |
25.990000000 – 25.440000000 – 24.900000000 – 23.280000000 – 24.750000000 – 24.370000000 — 32.951914270532 – 37.216333095891
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –