The combination Avalanche/Tether (AVAX/USDT) goes from the bullish trendline down.
A descending movement downwards to the next support at 23.510000000 will persist.
Caution: A possible counter-trend in the direction of the resistance zone at 24.280000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Northern Doji’ chart pattern is discovered. The chart shows ‘Northern Doji’. which is a positive 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’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 24.460000000 |
| 2nd High | 24.330000000 |
| Next High | 24.280000000 |
| Current Price | 24.370000000 |
| Next Low | 23.510000000 |
| 2nd Low | 22.670000000 |
| 3rd Low | 22.190000000 |
24.280000000 – 24.330000000 – 24.200000000 – 23.510000000 – 22.670000000 – 22.860000000 — 61.891440133431 – 55.588768542935
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –