The currency pair Avalanche/Tether (AVAX/USDT) breaks through the bullish trendline upwards
A continuation of the upward movement upwards to the next resistance at 15.01 will continue.
Caution: A possible counter-trend in the direction of support at 14.87 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘%K crosses above %D’ indicator layout is discovered. The indicator is ‘%K crosses above %D’. which is often a bullish chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 15.86 |
| 2nd High | 15.85 |
| Next High | 15.01 |
| Current Price | 14.950000000 |
| Next Low | 14.87 |
| 2nd Low | 13.91 |
| 3rd Low | 13.7 |
15.01 – 14.38 – 14.05 – 14.87 – 13.91 – 13.7 — 63.533435074124 – 64.825927877661 — 1.4866909997329 – 5.8819540755334 – 5.0288336943727 – 2.9517786916664