The combination Avalanche/Tether (AVAX/USDT) jumps from the descending trendline down.
A continuation of the downtrend down to the next support level at 36.640000000 is considered certain.
Caution: A possible trend reversal in the direction of the resistance level at 38.540000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Support & Resistance | Price Range* |
---|---|
3rd High | 50.860000000 |
2nd High | 50.840000000 |
Next High | 38.540000000 |
Current Price | 36.700000000 |
Next Low | 36.640000000 |
2nd Low | 36.170000000 |
3rd Low | 35.180000000 |