AVAX/USDT – 30M – BUYThe currency pair Avalanche/Tether (AVAX/USDT) breaks through the bearish trendline upwards
An ascent upwards to the next resistance line at 24.620000000 will continue.
Caution: A possible counter-trend in the direction of support at 24.090000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Northern Doji’ chart pattern is discovered. The candles show ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to rise. 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 | 25.600000000 |
| 2nd High | 25.110000000 |
| Next High | 24.620000000 |
| Current Price | 24.550000000 |
| Next Low | 24.090000000 |
| 2nd Low | 23.860000000 |
| 3rd Low | 23.510000000 |
24.620000000 – 24.580000000 – 25.110000000 – 24.090000000 – 24.150000000 – 23.860000000 — 58.955661570599 – 60.638679969668
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –