The currency pair Avalanche/Tether (AVAX/USDT) moves from the bullish trendline up.
A continuation of the bullish trend upwards to the next resistance line at 25.660000000 is considered certain.
Caution: A possible change in the direction of support at 23.460000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Northern Doji’ candle chart pattern is existing. The candles form ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going 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 | 23.880000000 |
| Next Low | 23.460000000 |
| 2nd Low | 23.180000000 |
| 3rd Low | 22.760000000 |
25.660000000 – 25.990000000 – 25.440000000 – 23.460000000 – 23.180000000 – 23.280000000 — 48.822798510869 – 51.277331391007
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –