The currency pair Avalanche/Tether (AVAX/USDT) breaks through the bearish trendline upwards
An ascending movement up to the next resistance line at 24.730000000 will persist.
Caution: A possible change in the direction of the support zone at 24.380000000 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Northern Doji’ candle pattern is detected. The candles show ‘Northern Doji’. this is a bullish signal. The currency pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability 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 | 24.320000000 |
| Next Low | 24.380000000 |
| 2nd Low | 24.090000000 |
| 3rd Low | 23.860000000 |
24.730000000 – 24.620000000 – 24.580000000 – 24.380000000 – 24.090000000 – 24.150000000 — 38.091259673822 – 39.62366101581
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –