The combination Avalanche/Tether (AVAX/USDT) moves from the descending trendline upwards
The bullish trend upwards to the next resistance at 24.140000000 is expected.
Caution: A possible change in the direction of support at 22.760000000 should be noted.
Consider stop-loss settings accordingly.
Besides a ‘Northern Doji’ candlestick pattern is existing. The chart forms ‘Northern Doji’. this is a bullish chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 25.680000000 |
| 2nd High | 25.330000000 |
| Next High | 24.140000000 |
| Current Price | 23.070000000 |
| Next Low | 22.760000000 |
| 2nd Low | 22.190000000 |
| 3rd Low | 21.950000000 |
24.140000000 – 24.090000000 – 25.330000000 – 22.860000000 – 23.360000000 – 24.020000000 — 34.058157771634 – 44.203301752148
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –