The pair Avalanche/Tether (AVAX/USDT) jumps from the bullish trendline downwards
The bearish trend downwards to the next support at 22.760000000 will persist.
Caution: A possible change in the direction of the resistance zone at 24.600000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. this is usually a bearish signal. The currency pair could go down.
Then a ‘Northern Doji’ candle pattern is discovered. The candles show ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 25.510000000 |
| 2nd High | 24.820000000 |
| Next High | 24.600000000 |
| Current Price | 24.280000000 |
| Next Low | 22.760000000 |
| 2nd Low | 22.190000000 |
| 3rd Low | 21.950000000 |
24.600000000 – 24.050000000 – 24.550000000 – 22.760000000 – 23.540000000 – 23.260000000 — 61.012532081705 – 56.373029167751
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – Double bottom chart pattern – –