The pair Avalanche/Tether (AVAX/USDT) moves from the bullish trendline downwards
The bearish trend downwards to the next support line at 42.030000000 is certain.
Caution: A possible counter-trend in the direction of the resistance zone at 50.840000000 should always be considered.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Southern Doji’ chart pattern is found. The chart shows ‘Southern Doji’. which is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Southern Doji’ going up is 51% (Bull Market) & 52% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 52.050000000 |
2nd High | 50.860000000 |
Next High | 50.840000000 |
Current Price | 43.570000000 |
Next Low | 42.030000000 |
2nd Low | 41.240000000 |
3rd Low | 40.890000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Southern Doji