AVAX/USDT – 30M – SELLThe combination Avalanche/Tether (AVAX/USDT) goes from the bullish trendline down.
A bearish descent down to the next support line at 29.380000000 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at could happen.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Northern Doji’ candle chart pattern is found. The chart forms ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 32.760000000 |
| Next Low | 29.380000000 |
| 2nd Low | 29.170000000 |
| 3rd Low | 28.290000000 |
30.260000000 – 31.000000000 – 30.450000000 – 29.380000000 – 29.530000000 – 29.670000000 — 85.147627437479 – 79.993319210946
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –