The currency pair Avalanche/Tether (AVAX/USDT) jumps from the descending trendline downwards
A continuation of the bearish trend down to the next support line at 12.09 will continue.
Caution: A possible trend reversal in the direction of the resistance level at 12.760000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘Support Level’ indicator signal is existing. The indicator shows ‘Support Level’. which could be a negative chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 13.76 |
| 2nd High | 12.86 |
| Next High | 12.760000000 |
| Current Price | 12.500000000 |
| Next Low | 12.09 |
| 2nd Low | 12.03 |
| 3rd Low | 11.89 |
12.760000000 – 12.86 – 12.84 – 12.63 – 12.62 – 12.09 —
12.760000000 – 12.590000000 —
50.729084972166 – 41.044557045099 —
12.760000000 – 1768887000 —
– 1768887000