The currency pair Avalanche/Tether (AVAX/USDT) breaks through the bullish trendline up.
A continuation of the bullish trend up to the next resistance level at 24.460000000 will continue.
Caution: A possible trend reversal in the direction of the support line at 23.510000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. this is usually a bullish signal. The currency pair is likely to rise.
There is also a ‘Northern Doji’ candle pattern is found. 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 | 25.330000000 |
| 2nd High | 25.200000000 |
| Next High | 24.460000000 |
| Current Price | 24.490000000 |
| Next Low | 23.510000000 |
| 2nd Low | 22.670000000 |
| 3rd Low | 22.190000000 |
24.280000000 – 24.330000000 – 24.200000000 – 23.510000000 – 22.670000000 – 22.860000000 — 56.736637882528 – 60.064648784275
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –