The pair Avalanche/Tether (AVAX/USDT) jumps from the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance level at 25.660000000 will persist.
Caution: A possible trend reversal in the direction of the support line at is also possible.
Consider stop-loss settings accordingly.
Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart scenario. The currency pair is likely to rise.
Also there is a ‘Northern Doji’ chart 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 probability of ‘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 | 24.210000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
25.660000000 – 25.990000000 – 25.440000000 – 23.460000000 – 23.180000000 – 22.760000000 — 50.946688209695 – 55.623109118861
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – Double top chart pattern – –