The currency pair Avalanche/Tether (AVAX/USDT) breaks through the descending trendline up.
A bullish trend up to the next resistance line at 9.68 will persist.
Caution: A possible counter-trend in the direction of the support level at could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Also there is a ‘Exponential Moving Average 200 (EMA 200)’ indicator layout is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which is often a bullish chart signal. The currency pair could go up.
Also there is a ‘MACD crosses above signal’ indicator layout is discovered. The indicator is ‘MACD crosses above signal’. which is often a bullish chart signal. The currency pair could go up.
Also there is a ‘StochRSI Hidden Bullish Divergence’ indicator layout is discovered. The indicator is ‘StochRSI Hidden Bullish Divergence’. which is often a bullish chart signal. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 10.52 |
| 2nd High | 10.01 |
| Next High | 9.68 |
| Current Price | 9.450000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
9.68 – 10.01 – 9.71 – 9.16 – 8.96 – 8.92 —
9.480000000 – 9.370000000 —
50.971444074987 – 47.358121734887 —
– —
9.68 – 1776830400