The pair Avalanche/Tether (AVAX/USDT) breaks through the descending trendline upwards
An ascent upwards to the next resistance level at 24.020000000 is expected.
Caution: A possible change in the direction of the support level at should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish chart signal. The pair is likely to go up.
There is also a ‘Northern Doji’ candle chart pattern is detected. 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 chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 25.030000000 |
| 2nd High | 24.550000000 |
| Next High | 24.020000000 |
| Current Price | 23.830000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
24.020000000 – 24.550000000 – 25.030000000 – 23.010000000 – 22.190000000 – 22.400000000
Trading Signals: FOREX – AVAX – AVAX/USDT – USDT – Northern Doji –