AVAX/USDT – 30M – SELLThe pair Avalanche/Tether (AVAX/USDT) moves from the descending trendline down.
A continuation of the downward movement down to the next support at 23.880000000 will continue.
Caution: A possible reversal of the trend in the direction of the resistance zone at 24.510000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Northern Doji’ candlestick pattern is discovered. The candles show ‘Northern Doji’. which is a bullish chart scenario. 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 | 27.380000000 |
| 2nd High | 25.510000000 |
| Next High | 24.510000000 |
| Current Price | 23.950000000 |
| Next Low | 23.880000000 |
| 2nd Low | 22.960000000 |
| 3rd Low | 22.870000000 |
24.510000000 – 25.510000000 – 27.380000000 – 23.880000000 – 24.430000000 – 24.740000000 — 38.099786914965 – 36.000490581741
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – –