The currency pair Avalanche/Tether (AVAX/USDT) goes from the descending trendline downwards
A continuation of the bearish trend downwards to the next support level at is likely expected.
Caution: A possible change in the direction of the resistance line at 18.900000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
In addition a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is existing. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 22.660000000 |
| 2nd High | 20.000000000 |
| Next High | 18.900000000 |
| Current Price | 17.980000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
18.900000000 – 18.170000000 – 17.640000000 – 17.990000000 – 17.810000000 – 17.020000000