The combination Avalanche/Tether (AVAX/USDT) breaks through the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance level at 25.510000000 is expected.
Caution: A possible trend reversal in the direction of the support level at 21.950000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Northern Doji’ candlestick chart pattern is detected. The candles show ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 27.380000000 |
| Next High | 25.510000000 |
| Current Price | 24.460000000 |
| Next Low | 21.950000000 |
| 2nd Low | 21.440000000 |
| 3rd Low | 20.390000000 |
23.700000000 – 22.400000000 – 22.850000000 – 21.950000000 – 21.440000000 – 21.580000000 — 57.112648674131 – 59.799408746546
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –