AVAX/USDT – 1H – BUYThe combination Avalanche/Tether (AVAX/USDT) goes from the ascending trendline up.
A continuation of the bullish trend up to the next resistance at 33.610000000 is certain.
Caution: A possible change in the direction of the support level at 32.580000000 could occur.
Consider stop-loss settings accordingly.
Also there is a ‘Northern Doji’ candle chart pattern is existing. The chart forms ‘Northern Doji’. which is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 35.810000000 |
| 2nd High | 34.030000000 |
| Next High | 33.610000000 |
| Current Price | 33.230000000 |
| Next Low | 32.580000000 |
| 2nd Low | 29.380000000 |
| 3rd Low | 28.220000000 |
33.610000000 – 34.030000000 – 35.810000000 – 32.580000000 – 32.860000000 – 33.340000000 — 46.928023368901 – 52.355728929132
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –