AVAX/USDT – 30M – BUYThe combination Avalanche/Tether (AVAX/USDT) moves from the bullish trendline up.
A continuation of the upward movement upwards to the next resistance at 18.170000000 is certain.
Caution: A possible trend reversal in the direction of the support level at 17.810000000 could happen.
Consider stop-loss settings accordingly.
Then a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. this is usually a bullish chart signal. The pair is likely to go up.
Then a ‘Northern Doji’ candlestick pattern is existing. The candles form ‘Northern Doji’. this is a bullish chart scenario. 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’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 18.410000000 |
| 2nd High | 18.280000000 |
| Next High | 18.170000000 |
| Current Price | 18.160000000 |
| Next Low | 17.810000000 |
| 2nd Low | 17.020000000 |
| 3rd Low | 15.610000000 |
18.170000000 – 17.640000000 – 18.020000000 – 17.810000000 – 17.020000000 – 17.090000000
Trading Signals: FOREX – AVAX – AVAX/USDT – USDT – Northern Doji –