The currency pair Avalanche/Tether (AVAX/USDT) jumps from the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance level at 25.110000000 will continue.
Caution: A possible counter-trend in the direction of the support level at 24.150000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Northern Doji’ candle pattern is found. The candles form ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. 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 | 25.780000000 |
| 2nd High | 25.600000000 |
| Next High | 25.110000000 |
| Current Price | 24.450000000 |
| Next Low | 24.150000000 |
| 2nd Low | 23.860000000 |
| 3rd Low | 23.510000000 |
25.110000000 – 24.590000000 – 24.860000000 – 24.150000000 – 23.860000000 – 23.510000000 — 48.514841301673 – 50.356735364728
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –