AVAX/USDT – 30M – BUYThe combination Avalanche/Tether (AVAX/USDT) jumps from the descending trendline upwards
A bullish movement up to the next resistance line at 20.000000000 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 18.130000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Furthermore a ‘Northern Doji’ chart pattern is discovered. 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 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 | 20.000000000 |
| Current Price | 18.730000000 |
| Next Low | 18.130000000 |
| 2nd Low | 17.550000000 |
| 3rd Low | 15.960000000 |
20.000000000 – 19.930000000 – 19.860000000 – 18.130000000 – 18.700000000 – 19.420000000
Trading Signals: FOREX – AVAX – AVAX/USDT – USDT – Northern Doji