AVAX/USDT – 1H – BUYThe pair Avalanche/Tether (AVAX/USDT) jumps from the descending trendline upwards
A bullish ascent upwards to the next resistance at 18.410000000 is certain.
Caution: A possible change in the direction of the support zone at 15.590000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Northern Doji’ candlestick pattern is discovered. The candles form ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 20.000000000 |
| 2nd High | 18.640000000 |
| Next High | 18.410000000 |
| Current Price | 17.410000000 |
| Next Low | 15.590000000 |
| 2nd Low | 14.660000000 |
| 3rd Low |
18.410000000 – 18.640000000 – 20.000000000 – 17.640000000 – 18.070000000 – 18.130000000
Trading Signals: FOREX – AVAX – AVAX/USDT – USDT – Northern Doji