The combination Avalanche/Tether (AVAX/USDT) goes from the ascending trendline upwards
A continuation of the upward movement up to the next resistance level at 29.400000000 is expected.
Caution: A possible counter-trend in the direction of the support line at 28.250000000 should always be considered.
Consider stop-loss settings accordingly.
Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bullish chart scenario. The pair is likely to go up.
Then a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which could be a positive signal. The pair is likely to go up.
Then a ‘Northern Doji’ candle pattern is found. The candles show ‘Northern Doji’. which is a bullish signal. The currency pair is likely to rise. 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 | |
| 2nd High | 29.990000000 |
| Next High | 29.400000000 |
| Current Price | 28.600000000 |
| Next Low | 28.250000000 |
| 2nd Low | 25.750000000 |
| 3rd Low | 25.610000000 |
29.400000000 – 29.200000000 – 29.990000000 – 28.250000000 – 28.720000000 – 28.300000000 — 46.779266381545 – 48.878308773366
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –