The combination Avalanche/Tether (AVAX/USDT) goes from the descending trendline upwards
An ascent upwards to the next resistance line at 34.110000000 is considered certain.
Caution: A possible reversal of the trend in the direction of support at 29.380000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Northern Doji’ candle pattern is detected. The candles show ‘Northern Doji’. which is a bullish pattern signal. The pair is likely to go up. 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 | |
| 2nd High | 35.810000000 |
| Next High | 34.110000000 |
| Current Price | 33.250000000 |
| Next Low | 29.380000000 |
| 2nd Low | 29.170000000 |
| 3rd Low | 28.290000000 |
34.110000000 – 35.810000000 – 33.290000000 – 33.340000000 – 33.510000000 – 29.380000000 — 32.124565760312 – 40.661721568849
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –