Sell AVAX/USDT – 1H – SELL

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

Trading Signals:

Forex and Crypto Live Trading Signals - MyLiveSignals