AVAX/USDT – 1H – BUYThe currency pair Avalanche/Tether (AVAX/USDT) breaks through the bearish trendline upwards
The bullish trend up to the next resistance level at 14.93 is considered certain.
Caution: A possible trend reversal in the direction of the support zone at 13.7 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Additionally a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. this is usually a bullish chart scenario. The pair is likely to go up.
Additionally a ‘Northern Doji’ candle pattern is existing. The candles show ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 15.86 |
| 2nd High | 15.85 |
| Next High | 14.93 |
| Current Price | 14.580000000 |
| Next Low | 13.7 |
| 2nd Low | 13.26 |
| 3rd Low | 13.16 |
14.38 – 14.05 – 13.59 – 13.7 – 13.26 – 13.16 — 70.295314000806 – 75.463518198845 — 64.020148661934 – 92.84777476611 – 34.566668133199 – 62.673515836574
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –