AVAX/USDT – 30M – BUYThe currency pair Avalanche/Tether (AVAX/USDT) breaks through the descending trendline upwards
The bullish trend upwards to the next resistance level at 24.510000000 will persist.
Caution: A possible reversal of the trend in the direction of the support line at 23.880000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Northern Doji’ chart pattern is existing. The candles show ‘Northern Doji’. which is a positive chart scenario. The currency pair is likely to rise. 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 | 27.380000000 |
| 2nd High | 25.510000000 |
| Next High | 24.510000000 |
| Current Price | 24.210000000 |
| Next Low | 23.880000000 |
| 2nd Low | 22.960000000 |
| 3rd Low | 22.870000000 |
24.510000000 – 25.510000000 – 27.380000000 – 23.880000000 – 24.430000000 – 24.740000000 — 43.979510261922 – 44.965787004805
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – –