AVAX/USDT – 30M – BUYNext a ‘Triple bottom chart pattern’ chart formation is found. The chart picture forms ‘Triple bottom chart pattern’. this is a bullish signal. The currency pair is likely to rise.
The combination Avalanche/Tether (AVAX/USDT) breaks through the bearish trendline upwards
A bullish trend up to the next resistance at 13.44 will persist.
Caution: A possible counter-trend in the direction of support at could occur.
Please make appropriate stop-loss settings in the case of a trade.
Next a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The currency pair is likely to rise.
Next a ‘Northern Doji’ candlestick pattern is detected. The chart forms ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. 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 | 13.99 |
| 2nd High | 13.46 |
| Next High | 13.44 |
| Current Price | 13.570000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
13.44 – 13.44 – 13.39 – 13.16 – 13.23 – 13.03 — 49.18142280304 – 63.696437678687 — 57.390780831649 – 63.121944183065 – 70.052502591864 – 63.839383323169
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – Triple bottom chart pattern – –