AVAX/USDT – 30M – BUYThe combination Avalanche/Tether (AVAX/USDT) breaks through the ascending trendline up.
A continuation of the upward movement upwards to the next resistance at 14.38 is certain.
Caution: A possible change in the direction of the support level at 13.91 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ‘Northern Doji’ candle chart pattern is detected. The chart forms ‘Northern Doji’. which is a positive signal. 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 | 14.38 |
| Current Price | 14.580000000 |
| Next Low | 13.91 |
| 2nd Low | 13.7 |
| 3rd Low | 13.26 |
14.38 – 14.05 – 13.59 – 13.91 – 13.7 – 13.78 — 79.916215939896 – 80.917531896567 — 100 – 100 – 95.617418728772 – 100
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –