The combination Avalanche/Tether (AVAX/USDT) breaks through the ascending trendline upwards
A continuation of the uptrend up to the next resistance level at 25.330000000 is expected.
Caution: A possible counter-trend in the direction of support at 24.240000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The pair is likely to go up.
There is also a ‘Northern Doji’ candle pattern is found. The chart shows ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘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 | 25.330000000 |
| Current Price | 24.790000000 |
| Next Low | 24.240000000 |
| 2nd Low | 23.860000000 |
| 3rd Low | 23.160000000 |
25.330000000 – 24.620000000 – 24.350000000 – 24.240000000 – 23.860000000 – 23.160000000 — 55.082447927185 – 55.75534209456
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –