The combination Avalanche/Tether (AVAX/USDT) goes from the descending trendline down.
A continuation of the bearish trend downwards to the next support line at 24.240000000 is expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 25.080000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which could be a negative chart scenario. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 26.570000000 |
| 2nd High | 25.330000000 |
| Next High | 25.080000000 |
| Current Price | 24.750000000 |
| Next Low | 24.240000000 |
| 2nd Low | 23.030000000 |
| 3rd Low | 22.190000000 |
25.080000000 – 25.330000000 – 26.570000000 – 24.240000000 – 23.030000000 – 24.920000000 — 58.176446799582 – 54.228659698211
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – – Double top chart pattern – –