The currency pair Avalanche/Tether (AVAX/USDT) goes from the bullish trendline downwards
A descending movement down to the next support at 13.47 is certain.
Caution: A possible counter-trend in the direction of the resistance zone at 14.85 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Additionally a ‘%K crosses below %D’ indicator layout is detected. The indicator is ‘%K crosses below %D’. this is usually a bearish signal. The currency pair is likely to fall.
Additionally a ‘Resistance Level’ indicator signal is found. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 15.09 |
| 2nd High | 14.86 |
| Next High | 14.85 |
| Current Price | 14.770000000 |
| Next Low | 13.47 |
| 2nd Low | 13.39 |
| 3rd Low | 13.09 |
14.85 – 14.61 – 14 – 13.47 – 13.39 – 13.51 — 66.112683449668 – 59.452104243207 — 97.991581046514 – 89.559187426034 – 91.564728755101 – 94.370547705178