The pair Avalanche/Tether (AVAX/USDT) breaks through the bullish trendline up.
A continuation of the upward movement upwards to the next resistance line at 22.210000000 will persist.
Caution: A possible change in the direction of the support level at 20.220000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘Northern Doji’ candle pattern is detected. The candles show ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
Support & Resistance | Price Range* |
---|---|
3rd High | 25.980000000 |
2nd High | 24.350000000 |
Next High | 22.210000000 |
Current Price | 22.320000000 |
Next Low | 20.220000000 |
2nd Low | 20.140000000 |
3rd Low | 18.430000000 |
22.210000000 – 21.490000000 – 21.130000000 – 20.220000000 – 20.140000000 – 18.430000000
Trading Signals: FOREX – AVAX – AVAX/USDT – USDT – Northern Doji