AVAX/USDT – 30M – SELLThe combination Avalanche/Tether (AVAX/USDT) moves from the ascending trendline down.
The bearish trend downwards to the next support level at 11.23 will continue.
Caution: A possible reversal of the trend in the direction of resistance at 12.06 should always be considered.
Consider stop-loss settings accordingly.
Furthermore a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The currency pair could go down.
Furthermore a ‘%K crosses below %D’ indicator layout is detected. The indicator is ‘%K crosses below %D’. this is usually a bearish chart scenario. The currency pair could go down.
Furthermore a ‘Support Level’ indicator signal is detected. The indicator shows ‘Support Level’. which is often a bearish chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 12.15 |
| 2nd High | 12.12 |
| Next High | 12.06 |
| Current Price | 11.740000000 |
| Next Low | 11.23 |
| 2nd Low | |
| 3rd Low |
11.78 – 11.75 – 12.06 – 11.23 – 11.83 – 11.87 —
11.680000000 – 11.920000000 —
53.695920061374 – 67.503119507952 —
– —
11.78000 – 1769414400