The currency pair Avalanche/Tether (AVAX/USDT) moves from the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance level at 25.660000000 is considered certain.
Caution: A possible trend reversal in the direction of the support zone at 23.460000000 could be enabled.
Consider stop-loss settings accordingly.
Next a ‘Northern Doji’ candle chart pattern is existing. The chart shows ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. 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 | 27.380000000 |
| 2nd High | 25.990000000 |
| Next High | 25.660000000 |
| Current Price | 23.730000000 |
| Next Low | 23.460000000 |
| 2nd Low | 23.180000000 |
| 3rd Low | 22.760000000 |
25.660000000 – 25.990000000 – 25.440000000 – 23.460000000 – 23.180000000 – 23.280000000 — 43.901932898623 – 44.317194315508
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –