The combination Avalanche/Tether (AVAX/USDT) goes from the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance line at 31.250000000 will continue.
Caution: A possible change in the direction of the support level at should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Current target is 30.542 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of resistance at 31.250000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Northern Doji’ candlestick pattern is existing. The candles show ‘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’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 31.250000000 |
| Current Price | 30.140000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
31.250000000 – 28.830000000 – 29.400000000 – 29.270000000 – 28.250000000 – 28.720000000 — 50.941764778103 – 57.887916220072
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –