The pair Avalanche/Tether (AVAX/USDT) breaks through the bullish trendline upwards
A continuation of the upward movement up to the next resistance line at 9.89 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 9.26 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart scenario. The currency pair could go up.
Moreover a ‘MACD crosses above signal’ indicator signal is detected. The indicator shows ‘MACD crosses above signal’. this is usually a bullish chart scenario. The currency pair could go up.
Moreover a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which is often a bullish signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 10.51 |
| 2nd High | 10.36 |
| Next High | 9.89 |
| Current Price | 9.740000000 |
| Next Low | 9.26 |
| 2nd Low | 9.21 |
| 3rd Low | 8.97 |
9.89 – 9.57 – 9.54 – 9.26 – 9.26 – 9.21 —
9.590000000 – 9.710000000 —
48.511378169498 – 48.202718389626 —
– —
9.89 – 1776369600