AVAX/USDT – 30M – BUYThe pair Avalanche/Tether (AVAX/USDT) breaks through the bullish trendline upwards
A continuation of the uptrend up to the next resistance level at 30.260000000 is certain.
Caution: A possible counter-trend in the direction of the support line at 29.380000000 should always be considered.
Consider stop-loss settings accordingly.
There is also a ‘Northern Doji’ candle pattern is existing. The candles show ‘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 success rate of a ‘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 | 31.820000000 |
| Next Low | 29.380000000 |
| 2nd Low | 29.170000000 |
| 3rd Low | 28.290000000 |
30.260000000 – 31.000000000 – 30.450000000 – 29.380000000 – 29.530000000 – 29.670000000 — 82.270128687669 – 82.480018841843
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –