AVAX/USDT – 1H – SELLThe pair Avalanche/Tether (AVAX/USDT) moves from the bearish trendline downwards
A continuation of the downward movement down to the next support level at 18.700000000 is considered certain.
Caution: A possible trend reversal in the direction of resistance at 20.000000000 should be noted.
Consider stop-loss settings accordingly.
Besides a ‘Support Level’ indicator layout is detected. The indicator shows ‘Support Level’. which is often a bearish chart signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 24.350000000 |
| 2nd High | 22.660000000 |
| Next High | 20.000000000 |
| Current Price | 18.670000000 |
| Next Low | 18.700000000 |
| 2nd Low | 18.680000000 |
| 3rd Low | 18.430000000 |
20.000000000 – 19.280000000 – 19.550000000 – 18.700000000 – 18.730000000 – 18.770000000