AVAX/USDT – 30M – SELLThe currency pair Avalanche/Tether (AVAX/USDT) jumps from the bearish trendline downwards
A continuation of the downward movement down to the next support at 14.36 is certain.
Caution: A possible counter-trend in the direction of the resistance line at 14.93 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which could be a negative chart scenario. The currency pair is likely to fall.
Moreover a ‘%K crosses below %D’ indicator signal is detected. The indicator is ‘%K crosses below %D’. which could be a negative chart scenario. The currency pair is likely to fall.
Moreover a ‘Support Level’ indicator signal is discovered. The indicator shows ‘Support Level’. which is often a bearish chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 15.86 |
| 2nd High | 15.85 |
| Next High | 14.93 |
| Current Price | 14.470000000 |
| Next Low | 14.36 |
| 2nd Low | 14.03 |
| 3rd Low |
14.93 – 14.73 – 15.85 – 14.36 – 14.03 – 14.62 — 45.415274096372 – 42.65273076177 — 49.764716588008 – 38.949642425585 – 44.604480033444 – 44.703381839168
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – – Symmetrical Triangle Chart Pattern – –