AVAX/USDT – 30M – BUYCorrection of the major bearish trend broke through the Fibonacci 0.79-Level.Continuation of the current ascending trend is considered certain. Current target is 6.7 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of the resistance line at 6.686000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Then a ‘Northern Doji’ candle pattern is discovered. The chart shows ‘Northern Doji’. this 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 chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 6.707 |
| 2nd High | 6.7 |
| Next High | 6.686000000 |
| Current Price | 6.674000000 |
| Next Low | 6.54 |
| 2nd Low | 6.52 |
| 3rd Low | 6.476 |
6.686000000 – 6.635 – 6.7 – 6.54 – 6.52 – 6.527 —
6.686000000 – 6.654000000 —
66.794130816314 – 57.082493901457 —
6.686000000 – 1781334000 —
– 1781334000
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –