The pair Avalanche/Tether (AVAX/USDT) moves from the bullish trendline downwards
A bearish trend downwards to the next support line at 8.74 is considered certain.
Caution: A possible change in the direction of the resistance level at 9.26 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
Besides a ” indicator signal is discovered. The indicator is ”. this is usually a bearish chart signal. The currency pair could go down.
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Besides a ‘StochRSI %K line crosses below %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses below %D line’. this is usually a bearish chart signal. The currency pair could go down.
Besides a ‘Bearish Separating Lines’ candle chart pattern is discovered. The chart shows ‘Bearish Separating Lines’. this is a bearish pattern signal. The currency pair is likely to fall. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Separating Lines’ heading down is 63% (Bull Market) & 76% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.38 |
| 2nd High | 9.3 |
| Next High | 9.26 |
| Current Price | 9.240000000 |
| Next Low | 8.74 |
| 2nd Low | 8.62 |
| 3rd Low | 8.58 |
9.26 – 8.94 – 8.97 – 8.74 – 8.62 – 8.58 —
9.200000000 – 9.290000000 —
59.472440702316 – 69.171521191332 —
– —
9.26 – 1771000200
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Bearish Separating Lines – – –