The pair Avalanche/Tether (AVAX/USDT) jumps from the bullish trendline downwards
The bearish trend downwards to the next support at 34.950000000 will continue.
Caution: A possible counter-trend in the direction of the resistance zone at 40.600000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Northern Doji’ candle chart pattern is discovered. The chart shows ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 41.900000000 |
2nd High | 40.810000000 |
Next High | 40.600000000 |
Current Price | 39.200000000 |
Next Low | 34.950000000 |
2nd Low | 34.940000000 |
3rd Low | 34.870000000 |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji