AVAX/USDT – 30M – BUYThe pair Avalanche/Tether (AVAX/USDT) breaks through the bearish trendline up.
An ascending movement up to the next resistance level at 13.34 will continue.
Caution: A possible trend reversal in the direction of the support line at 13.18 is also possible.
Consider stop-loss settings accordingly.
Next a ‘%K crosses above %D’ indicator signal is detected. The indicator is ‘%K crosses above %D’. this is usually a bullish signal. The currency pair could go up.
Next a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. this is usually a bullish signal. The currency pair could go up.
Next a ‘Northern Doji’ candle pattern is existing. The candles show ‘Northern Doji’. which 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’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 13.99 |
| 2nd High | 13.46 |
| Next High | 13.34 |
| Current Price | 13.250000000 |
| Next Low | 13.18 |
| 2nd Low | 12.57 |
| 3rd Low |
13.34 – 13.46 – 13.99 – 13.18 – 12.57 – 13.5 — 50.430627432599 – 51.407246367885 — 82.855289216691 – 87.014273031483 – 86.169728425414 – 84.539825627717
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –