AVAX/USDT – 30M – BUYThe currency pair Avalanche/Tether (AVAX/USDT) breaks through the descending trendline up.
The bullish trend upwards to the next resistance line at 9.38 is considered certain.
Caution: A possible reversal of the trend in the direction of the support level at 7.55 should always be considered.
Consider stop-loss settings accordingly.
Additionally a ‘StochRSI %K line crosses below %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart scenario. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.68 |
| 2nd High | 9.48 |
| Next High | 9.38 |
| Current Price | 9.240000000 |
| Next Low | 7.55 |
| 2nd Low | |
| 3rd Low |
9.38 – 9.48 – 9.68 – 7.55 – 9.55 – 9.54 —
9.250000000 – 9.340000000 —
57.213283127046 – 61.144008633558 —
– —
9.38 – 1770418800