AVAX/USDT – 1H – BUYThe pair Avalanche/Tether (AVAX/USDT) goes from the ascending trendline up.
A continuation of the upward movement up to the next resistance at 18.590000000 will persist.
Caution: A possible change in the direction of the support level at 17.500000000 could be enabled.
Consider stop-loss settings accordingly.
Additionally a ‘Northern Doji’ candle pattern is discovered. The candles form ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 19.170000000 |
| 2nd High | 18.880000000 |
| Next High | 18.590000000 |
| Current Price | 17.860000000 |
| Next Low | 17.500000000 |
| 2nd Low | 17.020000000 |
| 3rd Low | 15.610000000 |
18.590000000 – 18.880000000 – 19.170000000 – 17.500000000 – 18.340000000 – 17.610000000
Trading Signals: FOREX – AVAX – AVAX/USDT – USDT – Northern Doji –