The pair Avalanche/Tether (AVAX/USDT) breaks through the descending trendline up.
A bullish ascent up to the next resistance level at 23.940000000 is likely expected.
Caution: A possible reversal of the trend in the direction of the support level at should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish chart signal. The currency pair could go up.
There is also a ‘Northern Doji’ chart pattern is found. The chart shows ‘Northern Doji’. which is a bullish signal. The currency 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 | 25.200000000 |
| 2nd High | 24.460000000 |
| Next High | 23.940000000 |
| Current Price | 24.040000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
23.940000000 – 23.880000000 – 24.460000000 – 23.370000000 – 23.100000000 – 23.200000000 — 60.758401107862 – 68.669657220385
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –