AVAX/USDT – 30M – SELLThe combination Avalanche/Tether (AVAX/USDT) moves from the bearish trendline down.
A continuation of the bearish trend down to the next support level at 21.630000000 is expected.
Caution: A possible counter-trend in the direction of the resistance line at 24.120000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘RSI fall below 30’ indicator layout is detected. The indicator shows ‘RSI fall below 30’. which is often a bearish chart scenario. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 25.510000000 |
| 2nd High | 24.510000000 |
| Next High | 24.120000000 |
| Current Price | 21.740000000 |
| Next Low | 21.630000000 |
| 2nd Low | 21.610000000 |
| 3rd Low | 20.690000000 |
24.120000000 – 23.670000000 – 24.510000000 – 21.630000000 – 22.400000000 – 23.100000000 — 43.271430403309 – 34.093877696424