AVAX/USDT – 30M – BUYThe currency pair Avalanche/Tether (AVAX/USDT) breaks through the descending trendline upwards
The bullish trend upwards to the next resistance line at 24.560000000 is likely expected.
Caution: A possible reversal of the trend in the direction of the support level at 22.190000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Northern Doji’ candlestick pattern is found. The candles show ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 26.770000000 |
| 2nd High | 26.570000000 |
| Next High | 24.560000000 |
| Current Price | 23.490000000 |
| Next Low | 22.190000000 |
| 2nd Low | 21.950000000 |
| 3rd Low | 21.770000000 |
24.560000000 – 26.570000000 – 26.300000000 – 23.980000000 – 24.920000000 – 25.220000000 — 36.55501628641 – 41.177464938745
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –