The pair Avalanche/Tether (AVAX/USDT) jumps from the ascending trendline downwards
A bearish trend downwards to the next support line at 21.770000000 is expected.
Caution: A possible trend reversal in the direction of the resistance level at 22.400000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 24.120000000 |
| 2nd High | 22.850000000 |
| Next High | 22.400000000 |
| Current Price | 22.010000000 |
| Next Low | 21.770000000 |
| 2nd Low | 21.570000000 |
| 3rd Low | 21.440000000 |
22.400000000 – 22.310000000 – 22.850000000 – 21.770000000 – 21.570000000 – 21.440000000 — 42.975398543501 – 42.490260115764
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Matching Low – Rising Wedge Chart Pattern – –