AVAX/USDT – 1H – BUYThe currency pair Avalanche/Tether (AVAX/USDT) jumps from the bullish trendline upwards
A continuation of the upward movement up to the next resistance line at 29.990000000 is certain.
Caution: A possible change in the direction of support at 28.300000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Northern Doji’ candlestick chart pattern is existing. The chart shows ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 29.990000000 |
| Current Price | 29.150000000 |
| Next Low | 28.300000000 |
| 2nd Low | 24.900000000 |
| 3rd Low | 24.260000000 |
29.990000000 – 26.360000000 – 25.800000000 – 28.300000000 – 24.900000000 – 24.260000000 — 58.497753812124 – 59.257222349444
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –