The pair Avalanche/Tether (AVAX/USDT) breaks through the ascending trendline upwards
A continuation of the uptrend up to the next resistance level at 24.690000000 is considered certain.
Caution: A possible trend reversal in the direction of the support zone at 24.260000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Northern Doji’ candle pattern is existing. The chart shows ‘Northern Doji’. this is a bullish pattern signal. The 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 | 25.110000000 |
| 2nd High | 24.730000000 |
| Next High | 24.690000000 |
| Current Price | 25.100000000 |
| Next Low | 24.260000000 |
| 2nd Low | 24.090000000 |
| 3rd Low | 23.860000000 |
24.690000000 – 24.730000000 – 24.620000000 – 24.260000000 – 24.380000000 – 24.090000000 — 62.363692750654 – 65.886652985882
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –