AVAX/USDT – 30M – BUYThe combination Avalanche/Tether (AVAX/USDT) moves from the bullish trendline upwards
A continuation of the bullish trend up to the next resistance level at 15.17 will continue.
Caution: A possible counter-trend in the direction of the support level at 14.97 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Furthermore a ‘Resistance Level’ indicator layout is existing. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The currency pair is likely to rise.
Furthermore a ‘Northern Doji’ candle chart pattern is found. The chart shows ‘Northern Doji’. this is a bullish pattern 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 | 15.86 |
| 2nd High | 15.85 |
| Next High | 15.17 |
| Current Price | 15.080000000 |
| Next Low | 14.97 |
| 2nd Low | 14.87 |
| 3rd Low | 13.91 |
15.17 – 15.01 – 14.38 – 14.97 – 14.87 – 13.91 — 52.630939291211 – 56.461076354159 — 47.984283884765 – 56.722394220846 – 44.790362051524 – 49.300026413505
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – Double top retreat up – –