The pair Avalanche/Tether (AVAX/USDT) goes from the bearish trendline up.
An ascent up to the next resistance level at 14.83 will continue.
Caution: A possible trend reversal in the direction of the support level at 12.23 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Besides a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart scenario. The currency pair is likely to rise.
Besides a ‘%K crosses above %D’ indicator layout is detected. The indicator is ‘%K crosses above %D’. which could be a positive chart scenario. The currency pair is likely to rise.
Besides a ‘Support Level’ indicator signal is existing. The indicator is ‘Support Level’. which could be a positive chart scenario. The pair is likely to go up.
Besides a ‘Northern Doji’ candle chart pattern is found. The chart shows ‘Northern Doji’. which is a positive chart scenario. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the likelyhood of ‘Northern Doji’ heading up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 15.09 |
| 2nd High | 14.86 |
| Next High | 14.83 |
| Current Price | 14.150000000 |
| Next Low | 12.23 |
| 2nd Low | 12.21 |
| 3rd Low | 12.14 |
14.83 – 14.75 – 14.53 – 13.88 – 14.24 – 13.91 — 42.221217333639 – 49.545593179238 — 33.465164802535 – 60.921957407037 – 44.472922364511 – 44.532332090579
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –