Sell AVAX/USDT – 30M – SELL

The pair Avalanche/Tether (AVAX/USDT) jumps from the bullish trendline down.

A bearish movement down to the next support level at 23.160000000 is considered certain.

Caution: A possible counter-trend in the direction of the resistance line at 24.560000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.

Moreover a ‘Northern Doji’ candle pattern is existing. The chart forms ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood 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 24.170000000
Next Low 23.160000000
2nd Low 23.110000000
3rd Low 23.030000000

23.970000000 – 23.670000000 – 24.560000000 – 23.160000000 – 23.110000000 – 23.030000000 — 64.70655419049 – 59.784469027262

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