The combination Avalanche/Tether (AVAX/USDT) jumps from the bullish trendline upwards
A continuation of the upward movement up to the next resistance level at 6.632 is certain.
Caution: A possible trend reversal in the direction of the support level at 6.437 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
And also a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses above %D line’. which is often a bullish chart scenario. The pair is likely to go up.
And also a ‘Support Level’ indicator layout is existing. The indicator is ‘Support Level’. this is usually a bullish chart signal. The currency pair is likely to rise.
Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend is certain. Target of the current trend is 6.508904 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of resistance at 6.632 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 6.739 |
| 2nd High | 6.657 |
| Next High | 6.632 |
| Current Price | 6.487000000 |
| Next Low | 6.437 |
| 2nd Low | 6.422 |
| 3rd Low | 6.338 |
6.632 – 6.657 – 6.739 – 6.437 – 6.513 – 6.661 —
6.532000000 – 6.481000000 —
46.08771682618 – 39.747586489815 —
– —
6.632 – 1784239200