AVAX/USDT – 1H – SELL

The pair Avalanche/Tether (AVAX/USDT) jumps from the bullish trendline down.

A descending movement down to the next support line at is considered certain.

Caution: A possible change in the direction of resistance at 6.739 could occur.
In case of a trade, appropriate stop-loss settings should be considered.

Next a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is discovered. The indicator shows ‘Exponential Moving Average 200 (EMA 200)’. which could be a negative chart signal. The currency pair is likely to fall.

Support & Resistance Price Range*
3rd High 6.791
2nd High 6.773
Next High 6.739
Current Price 6.564000000
Next Low
2nd Low
3rd Low

6.739 – 6.773 – 6.757 – 6.513 – 6.338 – 6.373 —
6.501000000 – 6.651000000 —
41.906954247092 – 62.048289493007 —
– —
6.739 – 1784178000

Trading Signals:

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