AVAX/USDT – 30M – SELLThe currency pair Avalanche/Tether (AVAX/USDT) goes from the ascending trendline downwards
A descent downwards to the next support at 8.99 is likely expected.
Caution: A possible change in the direction of the resistance zone at 9.25 is within the realm of possibility.
Consider stop-loss settings accordingly.
Next a ‘MACD crosses below signal’ indicator signal is existing. The indicator is ‘MACD crosses below signal’. which could be a negative signal. The currency pair is likely to fall.
Next a ‘Resistance Level’ indicator layout is found. The indicator is ‘Resistance Level’. which could be a negative chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.45 |
| 2nd High | 9.27 |
| Next High | 9.25 |
| Current Price | 9.240000000 |
| Next Low | 8.99 |
| 2nd Low | 8.97 |
| 3rd Low | 8.92 |
9.13 – 9.25 – 9.14 – 8.99 – 8.97 – 9.06 —
9.340000000 – 9.280000000 —
66.246667995439 – 56.367382732113 —
– —
9.13 – 1777809600