AVAX/USDT – 30M – BUYAdditionally a ‘Double top retreat up’ chart layout is found. The chart picture forms ‘Double top retreat up’. which is a positive signal. The pair is likely to go up.
The pair Avalanche/Tether (AVAX/USDT) goes from the descending trendline upwards
An ascent upwards to the next resistance at 24.200000000 is certain.
Caution: A possible trend reversal in the direction of support at 22.190000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Northern Doji’ candlestick pattern is detected. The chart forms ‘Northern Doji’. this is a bullish chart scenario. 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 | 26.530000000 |
| 2nd High | 26.100000000 |
| Next High | 24.200000000 |
| Current Price | 23.270000000 |
| Next Low | 22.190000000 |
| 2nd Low | 21.870000000 |
| 3rd Low | 21.610000000 |
24.200000000 – 26.100000000 – 26.090000000 – 23.150000000 – 24.710000000 – 24.770000000
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – Double top retreat up –