AVAX/USDT – 30M – SELLThe combination Avalanche/Tether (AVAX/USDT) jumps from the descending trendline down.
A continuation of the downtrend down to the next support level at 36.640000000 is considered certain.
Caution: A possible trend reversal in the direction of the resistance level at 38.540000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 50.860000000 |
| 2nd High | 50.840000000 |
| Next High | 38.540000000 |
| Current Price | 36.700000000 |
| Next Low | 36.640000000 |
| 2nd Low | 36.170000000 |
| 3rd Low | 35.180000000 |