AVAX/USDT – 1H – BUYThe currency pair Avalanche/Tether (AVAX/USDT) moves from the bullish trendline up.
A continuation of the upward movement upwards to the next resistance at 26.770000000 is certain.
Caution: A possible trend reversal in the direction of the support zone at 24.920000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Northern Doji’ candle pattern is found. The candles show ‘Northern Doji’. which is a positive 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’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 27.380000000 |
| Next High | 26.770000000 |
| Current Price | 25.760000000 |
| Next Low | 24.920000000 |
| 2nd Low | 22.190000000 |
| 3rd Low | 21.950000000 |
26.770000000 – 23.220000000 – 23.570000000 – 24.920000000 – 22.190000000 – 22.360000000 — 51.409525172563 – 53.022171734048
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –