The combination Avalanche/Tether (AVAX/USDT) jumps from the descending trendline down.
A continuation of the downward movement downwards to the next support line at is likely expected.
Caution: A possible counter-trend in the direction of the resistance level at 9.51 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bearish chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.78 |
| 2nd High | 9.58 |
| Next High | 9.51 |
| Current Price | 9.400000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
9.51 – 9.58 – 9.78 – 9.26 – 9.34 – 9 —
9.440000000 – 9.440000000 —
48.76377139274 – 52.874698336631 —
– —
9.51 – 1772742600
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – – Symmetrical Triangle Chart Pattern – –