AVAX/USDT – 4H – BUYThe combination Avalanche/Tether (AVAX/USDT) breaks through the descending trendline upwards
A bullish trend upwards to the next resistance line at 9.27 is expected.
Caution: A possible reversal of the trend in the direction of the support zone at 8.970000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Furthermore a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The currency pair could go up.
Furthermore a ‘Support Level’ indicator layout is existing. The indicator shows ‘Support Level’. which could be a positive chart signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.57 |
| 2nd High | 9.45 |
| Next High | 9.27 |
| Current Price | 9.260000000 |
| Next Low | 8.970000000 |
| 2nd Low | 8.92 |
| 3rd Low |
9.27 – 9.45 – 9.57 – 8.970000000 – 8.92 – 9.08 —
9.110000000 – 9.300000000 —
44.384223131263 – 54.532790781582 —
8.970000000 – 1777795200 —
9.27 – 1777636800