The combination Avalanche/Tether (AVAX/USDT) moves from the descending trendline downwards
A continuation of the downtrend downwards to the next support at 9.37 is expected.
Caution: A possible counter-trend in the direction of the resistance line at 9.5 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Then a ‘MACD crosses below signal’ indicator layout is discovered. The indicator shows ‘MACD crosses below signal’. which could be a negative chart scenario. The pair is likely to go down.
Then a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. this is usually a bearish signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 10.01 |
| 2nd High | 9.68 |
| Next High | 9.5 |
| Current Price | 9.420000000 |
| Next Low | 9.37 |
| 2nd Low | 9.28 |
| 3rd Low | 9.16 |
9.5 – 9.48 – 9.44 – 9.37 – 9.28 – 9.16 —
9.500000000 – 9.490000000 —
57.477792891069 – 63.821594153236 —
– —
9.5 – 1777096800