The pair Avalanche/Tether (AVAX/USDT) moves from the ascending trendline up.
A continuation of the upward movement upwards to the next resistance at 14.53 is likely expected.
Caution: A possible change in the direction of support at 13.91 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘%K crosses above %D’ indicator layout is found. The indicator is ‘%K crosses above %D’. which is often a bullish chart signal. The currency pair could go up.
There is also a ‘Northern Doji’ chart pattern is detected. The chart shows ‘Northern Doji’. which is a positive chart scenario. 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 | 14.86 |
| 2nd High | 14.83 |
| Next High | 14.53 |
| Current Price | 14.740000000 |
| Next Low | 13.91 |
| 2nd Low | 13.09 |
| 3rd Low | 12.23 |
14.53 – 13.86 – 13.69 – 13.91 – 14.08 – 14 — 58.830749770452 – 68.138599353086 — 43.342491109677 – 54.348402341016 – 59.953636879088 – 51.275946058719
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –