AVAX/USDT – 30M – SELLThe currency pair Avalanche/Tether (AVAX/USDT) goes from the bullish trendline down.
The bearish trend down to the next support line at 23.460000000 will continue.
Caution: A possible change in the direction of the resistance line at 25.660000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Next a ‘Northern Doji’ candlestick pattern is found. The chart shows ‘Northern Doji’. this 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’ 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 | 23.620000000 |
| Next Low | 23.460000000 |
| 2nd Low | 23.180000000 |
| 3rd Low | 22.760000000 |
25.660000000 – 25.990000000 – 25.440000000 – 23.460000000 – 23.180000000 – 23.280000000 — 44.773046703528 – 41.616690747196
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –