AVAX/USDT – 30M – BUYThe currency pair Avalanche/Tether (AVAX/USDT) breaks through the bearish trendline upwards
A bullish ascent upwards to the next resistance level at 13.55 will continue.
Caution: A possible trend reversal in the direction of the support level at 13.16 could occur.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Northern Doji’ candlestick chart pattern is discovered. The candles show ‘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 chance of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 14.86 |
| 2nd High | 14.52 |
| Next High | 13.55 |
| Current Price | 13.430000000 |
| Next Low | 13.16 |
| 2nd Low | 12.84 |
| 3rd Low | 12.54 |
13.55 – 13.49 – 14.52 – 13.16 – 14.21 – 14.68 — 43.696231967558 – 55.232696698469 — 6.1506943948165 – 37.816527311275 – 5.9807681618587 – 16.191429047857
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –