Sell AVAX/USDT – 30M – SELL

The combination Avalanche/Tether (AVAX/USDT) moves from the descending trendline downwards

A continuation of the bearish trend down to the next support line at 6.204 will persist.

Caution: A possible reversal of the trend in the direction of the resistance zone at 6.372 should always be considered.
Consider stop-loss settings accordingly.

And also a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is found. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart scenario. The pair is likely to go down.

And also a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The pair is likely to go down.

Support & Resistance Price Range*
3rd High 7.018
2nd High 6.804
Next High 6.372
Current Price 6.253000000
Next Low 6.204
2nd Low 6.027
3rd Low 5.819

6.372 – 6.345 – 6.292 – 6.204 – 6.027 – 5.819 —
6.191000000 – 6.336000000 —
35.483798291909 – 61.810713497204 —
– —
6.372 – 1782050400

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