AVAX/USDT – 30M – SELLThe combination Avalanche/Tether (AVAX/USDT) moves from the bearish trendline downwards
A continuation of the downward movement downwards to the next support level at 14.36 is likely expected.
Caution: A possible trend reversal in the direction of the resistance zone at 14.93 is also possible.
Consider stop-loss settings accordingly.
There is also a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. which is often a bearish chart signal. The currency pair is likely to fall.
There is also a ‘%K crosses below %D’ indicator layout is detected. The indicator is ‘%K crosses below %D’. which is often a bearish chart signal. The currency pair is likely to fall.
There is also a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. this is usually a bearish chart signal. The currency pair is likely to fall.
| 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