The combination Avalanche/Tether (AVAX/USDT) jumps from the bearish trendline upwards
The bullish trend up to the next resistance level at 24.120000000 will persist.
Caution: A possible change in the direction of the support zone at 22.400000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘RSI cross above 30’ indicator layout is existing. The indicator is ‘RSI cross above 30’. this is usually a bullish signal. The currency pair is likely to rise.
Then a ‘Northern Doji’ candle chart pattern is detected. The chart shows ‘Northern Doji’. this is a bullish signal. The 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 | 27.380000000 |
| 2nd High | 25.510000000 |
| Next High | 24.120000000 |
| Current Price | 22.130000000 |
| Next Low | 22.400000000 |
| 2nd Low | 22.190000000 |
| 3rd Low | 20.390000000 |
24.120000000 – 25.510000000 – 27.380000000 – 22.400000000 – 23.880000000 – 24.430000000 — 31.753467014361 – 35.846112818569
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – Triple top chart pattern –