The combination Avalanche/Tether (AVAX/USDT) moves from the bearish trendline up.
An ascending movement upwards to the next resistance at 13.11 will continue.
Caution: A possible trend reversal in the direction of the support zone at 12.87 could happen.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘RSI cross above 30’ indicator layout is found. The indicator shows ‘RSI cross above 30’. this is usually a bullish chart scenario. The currency pair could go up.
There is also a ‘%K crosses above %D’ indicator layout is found. The indicator shows ‘%K crosses above %D’. this is usually a bullish chart scenario. The currency pair could go up.
There is also a ‘Northern Doji’ chart pattern is found. The candles form ‘Northern Doji’. which is a bullish 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 | 14.89 |
| 2nd High | 14.31 |
| Next High | 13.11 |
| Current Price | 12.690000000 |
| Next Low | 12.87 |
| 2nd Low | 12.57 |
| 3rd Low |
13.11 – 14.31 – 14.89 – 12.87 – 13.98 – 14.64 — 24.570476718689 – 31.676654204515 — 13.040206688857 – 42.498666666667 – 21.527247503329 – 22.652608254853
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –