AVAX/USDT – 30M – SELLThe pair Avalanche/Tether (AVAX/USDT) goes from the bullish trendline downwards
A bearish trend down to the next support line at 20.990000000 will continue.
Caution: A possible change in the direction of the resistance level at 22.080000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Northern Doji’ candle pattern is existing. The chart shows ‘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 chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 24.350000000 |
| 2nd High | 22.660000000 |
| Next High | 22.080000000 |
| Current Price | 21.760000000 |
| Next Low | 20.990000000 |
| 2nd Low | 20.180000000 |
| 3rd Low | 17.690000000 |
22.080000000 – 21.800000000 – 21.080000000 – 20.990000000 – 20.180000000 – 20.320000000
Trading Signals: FOREX – AVAX – AVAX/USDT – USDT – Northern Doji –