The pair Avalanche/Tether (AVAX/USDT) jumps from the bearish trendline downwards
A continuation of the downtrend downwards to the next support line at 9.28 will persist.
Caution: A possible reversal of the trend in the direction of the resistance level at 9.48 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘StochRSI %K line crosses below %D line’ indicator layout is detected. The indicator is ‘StochRSI %K line crosses below %D line’. which is often a bearish signal. The currency pair could go down.
There is also a ‘MACD crosses below signal’ indicator layout is detected. The indicator is ‘MACD crosses below signal’. which is often a bearish signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 10.01 |
| 2nd High | 9.68 |
| Next High | 9.48 |
| Current Price | 9.420000000 |
| Next Low | 9.28 |
| 2nd Low | 9.16 |
| 3rd Low | 9.15 |
9.48 – 9.44 – 9.45 – 9.28 – 9.16 – 9.19 —
9.450000000 – 9.480000000 —
53.999375976886 – 55.309688843385 —
– —
9.48 – 1777046400