The combination Avalanche/Tether (AVAX/USDT) jumps from the descending trendline up.
A bullish movement upwards to the next resistance at 13.99 will persist.
Caution: A possible change in the direction of the support zone at 12.57 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘%K crosses above %D’ indicator signal is existing. The indicator is ‘%K crosses above %D’. which is often a bullish chart scenario. The currency pair is likely to rise.
Also there is a ‘Northern Doji’ candlestick pattern is discovered. The candles form ‘Northern Doji’. which is a bullish chart scenario. The currency pair is likely to rise. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the probability of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 15.85 |
| 2nd High | 14.93 |
| Next High | 13.99 |
| Current Price | 13.350000000 |
| Next Low | 12.57 |
| 2nd Low | |
| 3rd Low |
13.99 – 14.93 – 14.73 – 12.57 – 13.5 – 14.36 — 49.573029569116 – 52.357372322259 — 68.333561988384 – 75.003429825765 – 73.591426294113 – 71.430313562293
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –