The pair Avalanche/Tether (AVAX/USDT) jumps from the ascending trendline upwards
A continuation of the bullish trend up to the next resistance level at 25.680000000 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 23.570000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Current target is 24.43 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of resistance at 25.680000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Northern Doji’ candle chart pattern is discovered. The candles form ‘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 success rate of a ‘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 | 25.680000000 |
| Current Price | 23.980000000 |
| Next Low | 23.570000000 |
| 2nd Low | 23.460000000 |
| 3rd Low | 23.180000000 |
25.680000000 – 24.370000000 – 24.090000000 – 24.020000000 – 23.570000000 – 23.460000000 — 32.14756315279 – 32.759711670701
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –