AVAX/USDT – 30M – SELLThe currency pair Avalanche/Tether (AVAX/USDT) moves from the descending trendline downwards
A continuation of the downtrend downwards to the next support line at 29.170000000 is likely expected.
Caution: A possible trend reversal in the direction of the resistance line at 31.000000000 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
There is also a ‘Resistance Level’ indicator signal is discovered. The indicator is ‘Resistance Level’. which is often a bearish chart signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | 31.250000000 |
| Next High | 31.000000000 |
| Current Price | 30.200000000 |
| Next Low | 29.170000000 |
| 2nd Low | 28.290000000 |
| 3rd Low | 28.220000000 |
31.000000000 – 30.450000000 – 29.020000000 – 29.170000000 – 28.290000000 – 28.220000000 — 54.089811692031 – 52.801543069372