The combination Avalanche/Tether (AVAX/USDT) breaks through the bullish trendline up.
A continuation of the uptrend upwards to the next resistance level at 25.330000000 will continue.
Caution: A possible change in the direction of support at 24.240000000 could occur.
In the case of a trade, always set appropriate stop-loss settings.
And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. this is usually a bullish chart signal. The currency pair is likely to rise.
And also a ‘Resistance Level’ indicator signal is detected. The indicator is ‘Resistance Level’. which is often a bullish signal. The pair is likely to go up.
And also a ‘Northern Doji’ candle pattern is existing. The chart shows ‘Northern Doji’. this is a bullish pattern signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the success rate of a ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 26.770000000 |
| 2nd High | 26.570000000 |
| Next High | 25.330000000 |
| Current Price | 24.760000000 |
| Next Low | 24.240000000 |
| 2nd Low | 23.860000000 |
| 3rd Low | 23.160000000 |
25.330000000 – 24.620000000 – 24.350000000 – 24.240000000 – 23.860000000 – 23.160000000 — 52.080716710374 – 54.007854315762
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –