AVAX/USDT – 30M – SELLThe combination Avalanche/Tether (AVAX/USDT) jumps from the bearish trendline downwards
A continuation of the downward movement downwards to the next support at is likely expected.
Caution: A possible trend reversal in the direction of the resistance zone at 15.85 could happen.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘%K crosses below %D’ indicator signal is existing. The indicator shows ‘%K crosses below %D’. this is usually a bearish signal. The currency pair is likely to fall.
Then a ‘Northern Doji’ candlestick pattern is found. The candles form ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 17.69 |
| 2nd High | 15.86 |
| Next High | 15.85 |
| Current Price | 14.300000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
15.85 – 15.78 – 15.86 – 14.62 – 15.27 – 15.33 — 36.007334004574 – 32.014395546412 — 76.740552589912 – 64.321180309264 – 69.93501389758 – 69.647985386487
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –