The pair Avalanche/Tether (AVAX/USDT) moves from the bearish trendline down.
A continuation of the downtrend down to the next support level at 11.23 is certain.
Caution: A possible counter-trend in the direction of the resistance level at 11.85 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘ ‘ indicator signal is detected. The indicator shows ‘ ‘. this is usually a bullish signal. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 12.5 |
| 2nd High | 11.92 |
| Next High | 11.85 |
| Current Price | 11.630000000 |
| Next Low | 11.23 |
| 2nd Low | 8.52 |
| 3rd Low |
11.85 – 11.92 – 12.5 – 11.23 – 11.97 – 11.99 —
11.840000000 – 11.700000000 —
53.765268292149 – 44.623279768979 —
– —
11.85000 – 1769479200