The pair Avalanche/Tether (AVAX/USDT) moves from the bearish trendline upwards
An ascent upwards to the next resistance at 24.140000000 is expected.
Caution: A possible trend reversal in the direction of the support line at 22.760000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which is often a bullish signal. The pair is likely to go up.
Correction of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Target of the current trend is 23.84316 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance zone at 24.140000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Northern Doji’ candle pattern is discovered. The candles show ‘Northern Doji’. which is a bullish chart scenario. 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 | 25.990000000 |
| 2nd High | 25.680000000 |
| Next High | 24.140000000 |
| Current Price | 23.350000000 |
| Next Low | 22.760000000 |
| 2nd Low | 21.950000000 |
| 3rd Low | 21.440000000 |
24.140000000 – 25.680000000 – 25.660000000 – 23.360000000 – 23.570000000 – 23.460000000 — 42.25766125482 – 44.073277301258
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –