AVAX/USDT – 30M – BUYThe currency pair Avalanche/Tether (AVAX/USDT) breaks through the bearish trendline up.
An ascent upwards to the next resistance level at 23.420000000 is expected.
Caution: A possible counter-trend in the direction of the support level at 22.700000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘Northern Doji’ candle chart pattern is found. The chart shows ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 24.140000000 |
| 2nd High | 23.570000000 |
| Next High | 23.420000000 |
| Current Price | 23.060000000 |
| Next Low | 22.700000000 |
| 2nd Low | 22.360000000 |
| 3rd Low | 22.230000000 |
23.420000000 – 23.570000000 – 23.040000000 – 22.700000000 – 22.720000000 – 23.160000000 — 50.871332742439 – 52.753753452318
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –