The pair Avalanche/Tether (AVAX/USDT) jumps from the ascending trendline upwards
A continuation of the upward movement up to the next resistance at 22.850000000 is likely expected.
Caution: A possible reversal of the trend in the direction of support at 21.580000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘StochRSI cross above 20’ indicator layout is existing. The indicator shows ‘StochRSI cross above 20’. this is usually a bullish chart signal. The currency pair is likely to rise.
Furthermore a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which could be a positive chart signal. The currency pair is likely to rise.
Furthermore a ‘Northern Doji’ candle pattern is found. The candles show ‘Northern Doji’. this 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 likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 24.510000000 |
| 2nd High | 24.120000000 |
| Next High | 22.850000000 |
| Current Price | 21.770000000 |
| Next Low | 21.580000000 |
| 2nd Low | 20.690000000 |
| 3rd Low | 20.390000000 |
22.850000000 – 24.120000000 – 23.670000000 – 21.630000000 – 21.580000000 – 21.630000000 — 38.93639355508 – 43.534849691179
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –