The combination Avalanche/Tether (AVAX/USDT) jumps from the ascending trendline up.
A continuation of the bullish trend upwards to the next resistance level at 25.660000000 will continue.
Caution: A possible counter-trend in the direction of the support line at 23.460000000 could be enabled.
Consider stop-loss settings accordingly.
Furthermore a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which is often a bullish chart signal. The pair is likely to go up.
Furthermore a ‘Northern Doji’ candlestick chart pattern is existing. The candles form ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 27.380000000 |
| 2nd High | 25.990000000 |
| Next High | 25.660000000 |
| Current Price | 23.760000000 |
| Next Low | 23.460000000 |
| 2nd Low | 23.180000000 |
| 3rd Low | 22.760000000 |
25.660000000 – 25.990000000 – 25.440000000 – 23.460000000 – 23.180000000 – 23.280000000 — 38.203485364132 – 42.27097643254
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –