AVAX/USDT – 30M – BUYFurthermore a ‘Double top retreat up’ chart pattern is detected. The chart picture shows ‘Double top retreat up’. this is a bullish pattern signal. The currency pair is likely to rise.
The pair Avalanche/Tether (AVAX/USDT) goes from the bearish trendline upwards
A bullish trend upwards to the next resistance level at 25.510000000 will continue.
Caution: A possible counter-trend in the direction of the support level at 22.960000000 should be noted.
Consider stop-loss settings accordingly.
Furthermore a ‘Northern Doji’ candle pattern is detected. The chart shows ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 27.380000000 |
| Next High | 25.510000000 |
| Current Price | 24.530000000 |
| Next Low | 22.960000000 |
| 2nd Low | 22.870000000 |
| 3rd Low | 22.530000000 |
25.510000000 – 27.380000000 – 26.460000000 – 24.430000000 – 24.740000000 – 24.850000000 — 35.988861995411 – 42.229030806561
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – Double top retreat up –