The pair Avalanche/Tether (AVAX/USDT) jumps from the ascending trendline downwards
A bearish trend downwards to the next support level at 24.020000000 is considered certain.
Caution: A possible change in the direction of resistance at 25.680000000 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Northern Doji’ chart pattern is found. The chart shows ‘Northern Doji’. which is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘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 | 25.680000000 |
| Current Price | 24.910000000 |
| Next Low | 24.020000000 |
| 2nd Low | 23.570000000 |
| 3rd Low | 23.460000000 |
25.680000000 – 24.370000000 – 24.090000000 – 24.020000000 – 23.570000000 – 23.460000000 — 51.040109414075 – 46.341269159471
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –