The combination Avalanche/Tether (AVAX/USDT) goes from the bearish trendline down.
A continuation of the downtrend down to the next support level at 23.820000000 will continue.
Caution: A possible change in the direction of the resistance level at 24.200000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Resistance Level’ indicator layout is found. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 25.200000000 |
| 2nd High | 24.460000000 |
| Next High | 24.200000000 |
| Current Price | 23.960000000 |
| Next Low | 23.820000000 |
| 2nd Low | 23.580000000 |
| 3rd Low | 23.370000000 |
24.200000000 – 24.070000000 – 23.940000000 – 23.820000000 – 23.580000000 – 23.370000000 — 54.350163197266 – 50.617663941137