AVAX/USDT – 30M – BUYThe pair Avalanche/Tether (AVAX/USDT) jumps from the descending trendline up.
An ascent up to the next resistance at 18.350000000 will persist.
Caution: A possible reversal of the trend in the direction of support at 16.950000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Northern Doji’ candle pattern is existing. The candles show ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 19.640000000 |
| 2nd High | 18.770000000 |
| Next High | 18.350000000 |
| Current Price | 16.400000000 |
| Next Low | 16.950000000 |
| 2nd Low | 15.300000000 |
| 3rd Low |
Download AVAX/USDT Signal Image
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji