AVAX/USDT – 30M – BUYThe currency pair Avalanche/Tether (AVAX/USDT) jumps from the ascending trendline upwards
A continuation of the bullish trend up to the next resistance line at 26.770000000 is likely expected.
Caution: A possible trend reversal in the direction of support at 25.220000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Northern Doji’ candlestick pattern is detected. The candles form ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to go up. 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 | |
| 2nd High | 27.380000000 |
| Next High | 26.770000000 |
| Current Price | 26.180000000 |
| Next Low | 25.220000000 |
| 2nd Low | 24.690000000 |
| 3rd Low | 22.190000000 |
26.770000000 – 25.400000000 – 23.220000000 – 25.220000000 – 24.690000000 – 22.190000000 — 55.665606757687 – 60.624862294204
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –