The combination Avalanche/Tether (AVAX/USDT) breaks through the descending trendline upwards
An ascending movement up to the next resistance line at 22.850000000 is likely expected.
Caution: A possible change in the direction of the support level at 21.440000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Northern Doji’ candle pattern is found. The candles form ‘Northern Doji’. this is a bullish pattern 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 | 25.510000000 |
| 2nd High | 24.120000000 |
| Next High | 22.850000000 |
| Current Price | 22.340000000 |
| Next Low | 21.440000000 |
| 2nd Low | 20.390000000 |
| 3rd Low | 20.180000000 |
22.850000000 – 24.120000000 – 25.510000000 – 21.440000000 – 21.580000000 – 22.400000000 — 55.258345103828 – 57.844182931208
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –