AVAX/USDT – 4H – SELLThe combination Avalanche/Tether (AVAX/USDT) jumps from the bullish trendline down.
A descent downwards to the next support line at 12.21 is expected.
Caution: A possible trend reversal in the direction of resistance at 14.83 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Besides a ‘%K crosses above %D’ indicator layout is found. The indicator is ‘%K crosses above %D’. which is often a bullish chart signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 15.27 |
| 2nd High | 15.09 |
| Next High | 14.83 |
| Current Price | 14.480000000 |
| Next Low | 12.21 |
| 2nd Low | 11.84 |
| 3rd Low | 11.26 |
13.2 – 12.62 – 12.55 – 12.21 – 12.33 – 11.84 — 66.77894215184 – 64.719038499585 — 41.508245759043 – 54.205533907978 – 42.239307315316 – 45.269686352406
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – – Rising Wedge Chart Pattern – –