The combination Avalanche/Tether (AVAX/USDT) breaks through the bearish trendline up.
A bullish trend upwards to the next resistance level at 14.22 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 13.39 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Support Level’ indicator signal is detected. The indicator is ‘Support Level’. this is usually a bullish signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 14.86 |
| 2nd High | 14.83 |
| Next High | 14.22 |
| Current Price | 13.800000000 |
| Next Low | 13.39 |
| 2nd Low | 12.23 |
| 3rd Low | 12.21 |
14.22 – 13.99 – 13.94 – 13.39 – 13.48 – 13.68 — 52.709708015292 – 57.575911004393 — 92.144789495861 – 95.225090491363 – 80.573882600672 – 91.132203819151