The pair Avalanche/Tether (AVAX/USDT) moves from the ascending trendline upwards
A continuation of the uptrend up to the next resistance level at 24.730000000 is expected.
Caution: A possible counter-trend in the direction of the support line at is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart signal. The currency pair is likely to rise.
In addition a ‘Northern Doji’ chart pattern is discovered. The chart forms ‘Northern Doji’. this is a bullish signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood 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 | 24.730000000 |
| Current Price | 24.630000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
24.730000000 – 24.620000000 – 24.580000000 – 24.090000000 – 24.150000000 – 23.860000000 — 49.993792277072 – 58.042967821606
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – Double bottom chart pattern – –