AVAX/USDT – 30M – SELLThe combination Avalanche/Tether (AVAX/USDT) goes from the bullish trendline downwards
A bearish trend down to the next support level at 24.770000000 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance level at 26.090000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is found. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The currency pair is likely to fall.
Next a ‘Support Level’ indicator layout is discovered. The indicator shows ‘Support Level’. which could be a negative signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 26.840000000 |
| 2nd High | 26.530000000 |
| Next High | 26.090000000 |
| Current Price | 24.970000000 |
| Next Low | 24.770000000 |
| 2nd Low | 24.520000000 |
| 3rd Low | 23.310000000 |
26.090000000 – 26.530000000 – 25.550000000 – 24.770000000 – 24.830000000 – 25.070000000