AVAX/USDT – 30M – SELLThe pair Avalanche/Tether (AVAX/USDT) jumps from the bearish trendline down.
A continuation of the downtrend down to the next support at 23.880000000 is certain.
Caution: A possible change in the direction of the resistance level at 24.510000000 is also possible.
Consider stop-loss settings accordingly.
In addition a ‘RSI fall below 30’ indicator layout is discovered. The indicator is ‘RSI fall below 30’. which could be a negative chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 27.380000000 |
| 2nd High | 25.510000000 |
| Next High | 24.510000000 |
| Current Price | 23.500000000 |
| Next Low | 23.880000000 |
| 2nd Low | 22.960000000 |
| 3rd Low | 22.870000000 |
24.510000000 – 25.510000000 – 27.380000000 – 23.880000000 – 24.430000000 – 24.740000000 — 28.516696518207 – 26.972970125185