The pair Avalanche/Tether (AVAX/USDT) jumps from the bullish trendline downwards
A descending movement downwards to the next support at 12.09 is certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 12.86 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘Support Level’ indicator signal is found. The indicator is ‘Support Level’. this is usually a bearish chart scenario. The currency pair is likely to fall.
Furthermore a ‘Northern Doji’ candlestick pattern is existing. The chart forms ‘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 chance of ‘Northern Doji’ going up is 52% (Bull Market) & 51% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 13.82 |
| 2nd High | 13.76 |
| Next High | 12.86 |
| Current Price | 12.530000000 |
| Next Low | 12.09 |
| 2nd Low | 12.03 |
| 3rd Low | 11.89 |
12.86 – 12.84 – 13.76 – 12.63 – 12.62 – 12.09 —
12.720000000 – 12.650000000 —
45.455158442304 – 36.764952342545 —
– —
12.86000 – 1768849200
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Northern Doji – – –