AVAX/USDT – 30M – SELLThe combination Avalanche/Tether (AVAX/USDT) jumps from the descending trendline down.
A continuation of the downward movement downwards to the next support line at 23.820000000 is considered certain.
Caution: A possible change in the direction of the resistance line at 24.200000000 could happen.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘Northern Doji’ chart pattern is detected. The candles show ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 25.200000000 |
| 2nd High | 24.460000000 |
| Next High | 24.200000000 |
| Current Price | 23.940000000 |
| Next Low | 23.820000000 |
| 2nd Low | 23.580000000 |
| 3rd Low | 23.370000000 |
24.200000000 – 24.070000000 – 23.940000000 – 23.820000000 – 23.580000000 – 23.370000000 — 54.315319466544 – 49.165322180857
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –