AVAX/USDT – 4H – BUYThe currency pair Avalanche/Tether (AVAX/USDT) breaks through the bearish trendline up.
The bullish trend up to the next resistance level at 9.84 is expected.
Caution: A possible trend reversal in the direction of the support level at 8.18 could happen.
Consider stop-loss settings accordingly.
Besides a ‘StochRSI %K crosses above 0.2’ indicator signal is found. The indicator is ‘StochRSI %K crosses above 0.2’. which could be a positive chart scenario. The currency pair could go up.
Besides a ‘Support Level’ indicator signal is discovered. The indicator is ‘Support Level’. which is often a bullish chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 12.27 |
| 2nd High | 10.34 |
| Next High | 9.84 |
| Current Price | 8.640000000 |
| Next Low | 8.18 |
| 2nd Low | 7.55 |
| 3rd Low |
9.84 – 9.45 – 9.42 – 8.18 – 8.66 – 8.43 —
9.430000000 – 8.910000000 —
60.937816470133 – 38.879119148107 —
– —
9.84 – 1772049600