The pair Avalanche/Tether (AVAX/USDT) moves from the descending trendline up.
An ascent upwards to the next resistance at 13.99 is certain.
Caution: A possible counter-trend in the direction of the support level at could occur.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘RSI cross above 30’ indicator signal is existing. The indicator is ‘RSI cross above 30’. which is often a bullish chart signal. The pair is likely to go up.
Furthermore a ‘%K crosses above %D’ indicator signal is existing. The indicator is ‘%K crosses above %D’. which is often a bullish chart signal. The pair is likely to go up.
Furthermore a ‘Northern Doji’ candlestick pattern is detected. The candles form ‘Northern Doji’. this is a bullish chart scenario. The currency pair is likely to go up. 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 | 13.330000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
13.99 – 14.93 – 14.73 – 13.5 – 14.36 – 14.03 — 28.874777724365 – 30.765979487834 — 10.069141344862 – 23.988070540998 – 10.251469666379 – 14.799948570999
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –