The currency pair Avalanche/Tether (AVAX/USDT) breaks through the bullish trendline upwards
A continuation of the bullish trend upwards to the next resistance at 25.400000000 is certain.
Caution: A possible change in the direction of the support line at 24.690000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘Northern Doji’ candle chart pattern is detected. The candles form ‘Northern Doji’. this is a bullish pattern signal. The currency pair is likely to go up. 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 | 25.990000000 |
| 2nd High | 25.680000000 |
| Next High | 25.400000000 |
| Current Price | 25.970000000 |
| Next Low | 24.690000000 |
| 2nd Low | 22.190000000 |
| 3rd Low | 21.950000000 |
25.400000000 – 23.220000000 – 23.220000000 – 24.690000000 – 22.190000000 – 22.700000000 — 71.168639115882 – 72.678657817102
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –