The pair Avalanche/Tether (AVAX/USDT) jumps from the bearish trendline downwards
A continuation of the downward movement down to the next support line at 8.800000000 is considered certain.
Caution: A possible change in the direction of the resistance zone at 9.084 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart scenario. The currency pair is likely to rise.
Then a ‘StochRSI %K line crosses above %D line’ indicator signal is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive chart scenario. The currency pair is likely to rise.
Then a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. which is often a bearish signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.49 |
| 2nd High | 9.291 |
| Next High | 9.084 |
| Current Price | 8.950000000 |
| Next Low | 8.800000000 |
| 2nd Low | 8.656 |
| 3rd Low |
9.084 – 9.049 – 9.003 – 8.800000000 – 8.656 – 8.715 —
8.868000000 – 9.045000000 —
35.321022977721 – 56.576299121244 —
8.800000000 – 1780254000 —
9.084 – 1780203600