AVAX/USDT – 30M – BUYThe pair Avalanche/Tether (AVAX/USDT) breaks through the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance level at 9.96 will persist.
Caution: A possible reversal of the trend in the direction of support at 9.31 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish chart signal. The currency pair is likely to rise.
Moreover a ‘MACD crosses above signal’ indicator layout is discovered. The indicator is ‘MACD crosses above signal’. this is usually a bullish chart signal. The currency pair is likely to rise.
Moreover a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which could be a positive chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 10.34 |
| 2nd High | 10.17 |
| Next High | 9.96 |
| Current Price | 9.700000000 |
| Next Low | 9.31 |
| 2nd Low | 9.02 |
| 3rd Low | 8.69 |
9.96 – 9.6 – 9.51 – 9.31 – 9.02 – 8.69 —
9.550000000 – 9.560000000 —
47.282200399668 – 47.467261773585 —
– —
9.96 – 1773158400