The currency pair Avalanche/Tether (AVAX/USDT) jumps from the ascending trendline upwards
A continuation of the uptrend up to the next resistance line at 24.970000000 will continue.
Caution: A possible reversal of the trend in the direction of the support level at is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart signal. The currency pair is likely to rise.
Besides a ‘Northern Doji’ candlestick chart pattern is detected. The chart forms ‘Northern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 26.570000000 |
| 2nd High | 25.330000000 |
| Next High | 24.970000000 |
| Current Price | 24.600000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
24.970000000 – 25.330000000 – 24.620000000 – 24.240000000 – 23.860000000 – 23.160000000 — 46.413297877056 – 49.514098914033
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –