The pair Avalanche/Tether (AVAX/USDT) breaks through the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance at 26.840000000 is considered certain.
Caution: A possible counter-trend in the direction of support at 24.740000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The pair is likely to go up.
Moreover a ‘Northern Doji’ candlestick pattern is existing. The candles form ‘Northern Doji’. which is a positive signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 26.840000000 |
| Current Price | 26.570000000 |
| Next Low | 24.740000000 |
| 2nd Low | 22.960000000 |
| 3rd Low | 22.870000000 |
26.460000000 – 25.260000000 – 25.770000000 – 24.740000000 – 24.850000000 – 22.960000000 — 71.597584518791 – 72.445083419833
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – –