AVAX/USDT – 30M – BUYThe currency pair Avalanche/Tether (AVAX/USDT) jumps from the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance at 14.38 is expected.
Caution: A possible reversal of the trend in the direction of the support level at could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The currency pair is likely to rise.
Moreover a ‘Northern Doji’ candlestick chart pattern is detected. The candles show ‘Northern Doji’. this 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 chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 15.85 |
| 2nd High | 14.93 |
| Next High | 14.38 |
| Current Price | 14.230000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
14.38 – 14.05 – 13.59 – 13.910000000 – 13.7 – 13.78 — 55.437438886362 – 68.656932112966 — 77.714907508161 – 86.789989118607 – 57.569467622503 – 72.607907145448
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –