The combination Avalanche/Tether (AVAX/USDT) goes from the descending trendline up.
An ascent up to the next resistance level at 23.480000000 is certain.
Caution: A possible reversal of the trend in the direction of the support level at 22.190000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Northern Doji’ candlestick chart pattern is discovered. The chart shows ‘Northern Doji’. which is a positive signal. The 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 | 25.330000000 |
| 2nd High | 24.140000000 |
| Next High | 23.480000000 |
| Current Price | 22.660000000 |
| Next Low | 22.190000000 |
| 2nd Low | 21.950000000 |
| 3rd Low | 21.770000000 |
23.480000000 – 24.140000000 – 24.090000000 – 22.860000000 – 23.360000000 – 24.020000000 — 44.996579962538 – 48.576496887186
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –