The pair Avalanche/Tether (AVAX/USDT) jumps from the bearish trendline downwards
A continuation of the downtrend downwards to the next support level at 9.06 is certain.
Caution: A possible trend reversal in the direction of the resistance level at 9.21 could happen.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair is likely to fall.
There is also a ‘Matching Low’ candlestick pattern is existing. The candles form ‘Matching Low’. this is a bullish signal. The pair is likely to go up. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Matching Low’ going up is 61% (Bull & Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.45 |
| 2nd High | 9.23 |
| Next High | 9.21 |
| Current Price | 9.200000000 |
| Next Low | 9.06 |
| 2nd Low | 9.05 |
| 3rd Low | 8.92 |
9.21 – 9.23 – 9.23 – 9.06 – 9.06 – 9.07 —
9.130000000 – 9.240000000 —
48.938121350391 – 64.161390809715 —
– —
9.21 – 1777604400
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Matching Low – – –