Sell AVAX/USDT – 30M – SELL

The pair Avalanche/Tether (AVAX/USDT) jumps from the ascending trendline down.

The bearish trend down to the next support at 9.31 will persist.

Caution: A possible reversal of the trend in the direction of resistance at 9.96 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Then a ‘StochRSI %K line crosses below %D line’ indicator layout is found. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish signal. The pair is likely to go down.

Then a ‘MACD crosses below signal’ indicator layout is found. The indicator is ‘MACD crosses below signal’. this is usually a bearish signal. The pair is likely to go down.

Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend will persist. Target of the current trend is 9.325 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the support level at 9.96 should be noted.
Please make appropriate stop-loss settings in the case of a trade.

Support & Resistance Price Range*
3rd High 10.34
2nd High 10.17
Next High 9.96
Current Price 9.500000000
Next Low 9.31
2nd Low 9.02
3rd Low 8.69

9.96 – 9.6 – 9.51 – 9.31 – 9.02 – 8.69 —
9.560000000 – 9.700000000 —
46.553117732425 – 61.026475859069 —
– —
9.96 – 1773158400

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