The currency pair Avalanche/Tether (AVAX/USDT) goes from the bullish trendline upwards
A continuation of the upward movement up to the next resistance level at 14.53 will persist.
Caution: A possible counter-trend in the direction of the support level at 13.91 could happen.
Consider stop-loss settings accordingly.
Furthermore a ‘Northern Doji’ chart pattern is existing. The chart shows ‘Northern Doji’. which is a positive signal. 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 | 14.86 |
| 2nd High | 14.83 |
| Next High | 14.53 |
| Current Price | 14.450000000 |
| Next Low | 13.91 |
| 2nd Low | 13.09 |
| 3rd Low | 12.23 |
14.53 – 13.86 – 13.69 – 13.91 – 14.08 – 14 — 52.184297022322 – 53.420457192306 — 13.754199150662 – 23.562781263865 – 6.5564851788468 – 14.410745600135
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –