AVAX/USDT – 30M – BUYThe currency pair Avalanche/Tether (AVAX/USDT) breaks through the bullish trendline up.
A continuation of the upward movement up to the next resistance line at 25.660000000 is considered certain.
Caution: A possible counter-trend in the direction of the support line at 24.020000000 could happen.
Consider stop-loss settings accordingly.
Also there is a ‘Northern Doji’ candlestick chart pattern is found. The chart forms ‘Northern Doji’. which is a positive pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ going 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 | 25.240000000 |
| Next Low | 24.020000000 |
| 2nd Low | 23.570000000 |
| 3rd Low | 23.460000000 |
24.370000000 – 24.090000000 – 25.660000000 – 24.020000000 – 23.570000000 – 23.460000000 — 51.960485328299 – 57.369312873173
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –