AVAX/USDT – 30M – BUYThe combination Avalanche/Tether (AVAX/USDT) breaks through the bullish trendline upwards
A continuation of the upward movement up to the next resistance at 25.660000000 is likely expected.
Caution: A possible trend reversal in the direction of the support line at 24.020000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Northern Doji’ chart pattern is found. The candles form ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 27.380000000 |
| 2nd High | 25.990000000 |
| Next High | 25.660000000 |
| Current Price | 24.960000000 |
| Next Low | 24.020000000 |
| 2nd Low | 23.570000000 |
| 3rd Low | 23.460000000 |
24.370000000 – 24.090000000 – 25.660000000 – 24.020000000 – 23.570000000 – 23.460000000 — 62.245528392775 – 65.866435448663
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –