The currency pair Avalanche/Tether (AVAX/USDT) breaks through the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance level at 21.640000000 will continue.
Caution: A possible counter-trend in the direction of the support level at 19.360000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which could be a positive chart scenario. The currency pair is likely to rise.
There is also a ‘Northern Doji’ candle chart pattern is discovered. The candles form ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 24.350000000 |
2nd High | 21.700000000 |
Next High | 21.640000000 |
Current Price | 21.040000000 |
Next Low | 19.360000000 |
2nd Low | 18.430000000 |
3rd Low | 18.400000000 |
19.950000000 – 19.500000000 – 20.540000000 – 19.360000000 – 18.430000000 – 19.950000000
Trading Signals: FOREX – AVAX – AVAX/USDT – USDT – Northern Doji