AVAX/USDT – 30M – SELLThe pair Avalanche/Tether (AVAX/USDT) moves from the descending trendline downwards
A continuation of the downtrend down to the next support at 9.07 is expected.
Caution: A possible reversal of the trend in the direction of the resistance level at 9.3 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘StochRSI %K line crosses below %D line’ indicator layout is existing. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.48 |
| 2nd High | 9.38 |
| Next High | 9.3 |
| Current Price | 9.250000000 |
| Next Low | 9.07 |
| 2nd Low | 7.55 |
| 3rd Low |
9.3 – 9.38 – 9.38 – 9.07 – 9.15 – 7.55 —
9.230000000 – 9.290000000 —
49.146514194419 – 58.825302037462 —
– —
9.3 – 1770539400