AVAX/USDT – 30M – BUYThe combination Avalanche/Tether (AVAX/USDT) goes from the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance at 19.550000000 will persist.
Caution: A possible reversal of the trend in the direction of the support line at 18.870000000 could be enabled.
Consider stop-loss settings accordingly.
Furthermore a ‘Northern Doji’ candle chart pattern is found. The candles form ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 24.350000000 |
| 2nd High | 22.660000000 |
| Next High | 19.550000000 |
| Current Price | 19.210000000 |
| Next Low | 18.870000000 |
| 2nd Low | 18.680000000 |
| 3rd Low | 18.430000000 |
19.550000000 – 19.410000000 – 22.660000000 – 18.870000000 – 18.680000000 – 21.510000000
Trading Signals: FOREX – AVAX – AVAX/USDT – USDT – Northern Doji