The currency pair Avalanche/Tether (AVAX/USDT) moves from the bullish trendline upwards
A continuation of the upward movement up to the next resistance at 31.250000000 will persist.
Caution: A possible trend reversal in the direction of the support level at is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The pair is likely to go up.
Then a ‘Northern Doji’ candlestick pattern is found. The chart shows ‘Northern Doji’. which is a positive pattern signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 31.250000000 |
| Current Price | 30.070000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
31.250000000 – 28.830000000 – 29.400000000 – 29.270000000 – 28.250000000 – 28.720000000 — 52.276880174196 – 56.107100437613
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –