AVAX/USDT – 30M – BUYThe currency pair Avalanche/Tether (AVAX/USDT) breaks through the bearish trendline upwards
A bullish movement up to the next resistance level at 13.39 is expected.
Caution: A possible reversal of the trend in the direction of the support zone at 13.03 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. this is usually a bullish signal. The currency pair is likely to rise.
Also there is a ‘Northern Doji’ candle pattern is existing. The chart forms ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability 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 | 13.39 |
| Current Price | 13.370000000 |
| Next Low | 13.03 |
| 2nd Low | 12.57 |
| 3rd Low |
13.39 – 13.34 – 13.46 – 13.03 – 13.18 – 12.57 — 60.852727721323 – 62.822422254028 — 83.118435266267 – 83.118435266267 – 86.539248558336 – 83.856213656945
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –