The currency pair Avalanche/Tether (AVAX/USDT) goes from the ascending trendline down.
A descent downwards to the next support level at 9.43 is likely expected.
Caution: A possible counter-trend in the direction of resistance at 10.17 could happen.
Consider stop-loss settings accordingly.
Moreover a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. which could be a negative signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 11.05 |
| 2nd High | 10.34 |
| Next High | 10.17 |
| Current Price | 9.860000000 |
| Next Low | 9.43 |
| 2nd Low | 9.31 |
| 3rd Low | 9.02 |
9.86 – 9.74 – 9.96 – 9.43 – 9.51 – 9.48 —
10.020000000 – 10.040000000 —
78.126199894713 – 59.746797880042 —
– —
9.86 – 1773235800