The combination Avalanche/Tether (AVAX/USDT) jumps from the ascending trendline upwards
A continuation of the upward movement upwards to the next resistance line at 24.690000000 will persist.
Caution: A possible counter-trend in the direction of the support zone at 24.380000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Northern Doji’ candlestick chart pattern is detected. The candles show ‘Northern Doji’. this is a bullish 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’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 25.110000000 |
| 2nd High | 24.730000000 |
| Next High | 24.690000000 |
| Current Price | 24.530000000 |
| Next Low | 24.380000000 |
| 2nd Low | 24.090000000 |
| 3rd Low | 23.860000000 |
24.690000000 – 24.730000000 – 24.620000000 – 24.380000000 – 24.090000000 – 24.150000000 — 44.480202554182 – 54.201744085169
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –