The pair Avalanche/Tether (AVAX/USDT) moves from the bullish trendline up.
A continuation of the upward movement upwards to the next resistance level at 14.22 will persist.
Caution: A possible change in the direction of the support zone at 13.61 is within the realm of possibility.
In the case of a trade, always set appropriate stop-loss settings.
Also there is a ‘%K crosses above %D’ indicator layout is discovered. The indicator is ‘%K crosses above %D’. this is usually a bullish chart signal. The currency pair is likely to rise.
Also there is a ‘Northern Doji’ candle chart pattern is detected. 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 likelyhood of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 14.86 |
| 2nd High | 14.83 |
| Next High | 14.22 |
| Current Price | 13.810000000 |
| Next Low | 13.61 |
| 2nd Low | 12.23 |
| 3rd Low | 12.21 |
14.22 – 14.83 – 14.75 – 13.61 – 13.88 – 14.24 — 40.074976197592 – 45.556944315885 — 21.366745909145 – 54.700079242478 – 25.094819535277 – 32.26288718655
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – Double top retreat up – –