The currency pair Avalanche/Tether (AVAX/USDT) jumps from the ascending trendline upwards
A continuation of the upward movement up to the next resistance level at 14.86 is certain.
Caution: A possible change in the direction of support at 14.21 could happen.
Consider stop-loss settings accordingly.
Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The pair is likely to go up.
Then a ‘%K crosses above %D’ indicator signal is found. The indicator shows ‘%K crosses above %D’. which is often a bullish signal. The pair is likely to go up.
Then a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which could be a positive chart signal. The currency pair is likely to rise.
Then a ‘Northern Doji’ candle pattern is found. The candles show ‘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 success rate of a ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 15.27 |
| 2nd High | 15.09 |
| Next High | 14.86 |
| Current Price | 14.370000000 |
| Next Low | 14.21 |
| 2nd Low | 13.87 |
| 3rd Low | 12.84 |
14.86 – 14.79 – 15.09 – 14.21 – 14.68 – 13.87 — 36.706160991388 – 36.706160991388 — 7.2804029032736 – 14.560805806547 – 9.5715344143297 – 8.0011236239943
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –