AVAX/USDT – 30M – BUYMoreover a ‘Double top retreat up’ chart pattern is discovered. The chart forms ‘Double top retreat up’. which is a bullish signal. The pair is likely to go up.
The pair Avalanche/Tether (AVAX/USDT) moves from the bearish trendline up.
An ascent upwards to the next resistance line at 30.260000000 is expected.
Caution: A possible reversal of the trend in the direction of the support level at 29.170000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Northern Doji’ candlestick chart pattern is discovered. The chart forms ‘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’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 31.250000000 |
| 2nd High | 31.000000000 |
| Next High | 30.260000000 |
| Current Price | 29.560000000 |
| Next Low | 29.170000000 |
| 2nd Low | 28.290000000 |
| 3rd Low | 28.220000000 |
30.260000000 – 31.000000000 – 30.450000000 – 29.530000000 – 29.670000000 – 29.170000000 — 34.652808327912 – 36.93271558504
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – Double top retreat up – –