AVAX/USDT – 30M – BUYThe currency pair Avalanche/Tether (AVAX/USDT) breaks through the bullish trendline up.
A continuation of the upward movement up to the next resistance level at 18.410000000 is expected.
Caution: A possible change in the direction of the support level at 17.820000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Northern Doji’ chart pattern is existing. The chart forms ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 18.900000000 |
| 2nd High | 18.640000000 |
| Next High | 18.410000000 |
| Current Price | 18.310000000 |
| Next Low | 17.820000000 |
| 2nd Low | 17.640000000 |
| 3rd Low | 17.550000000 |
18.410000000 – 18.190000000 – 18.100000000 – 17.820000000 – 17.640000000 – 17.800000000
Trading Signals: FOREX – AVAX – AVAX/USDT – USDT – Northern Doji