AVAX/USDT – 30M – BUYFurthermore a ‘Double top retreat up’ chart layout is discovered. The chart shows ‘Double top retreat up’. this is a bullish pattern signal. The currency pair is likely to rise.
The pair Avalanche/Tether (AVAX/USDT) jumps from the bearish trendline upwards
A bullish trend upwards to the next resistance level at 30.260000000 is certain.
Caution: A possible reversal of the trend in the direction of support at 29.170000000 could be enabled.
Consider stop-loss settings accordingly.
Furthermore a ‘Northern Doji’ candle chart pattern is detected. The candles show ‘Northern Doji’. which is a positive signal. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 31.250000000 |
| 2nd High | 31.000000000 |
| Next High | 30.260000000 |
| Current Price | 29.560000000 |
| Next Low | 29.170000000 |
| 2nd Low | 28.290000000 |
| 3rd Low | 28.220000000 |
30.260000000 – 31.000000000 – 30.450000000 – 29.530000000 – 29.670000000 – 29.170000000 — 34.652808327912 – 36.93271558504
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – Double top retreat up – –