The combination Avalanche/Tether (AVAX/USDT) moves from the bearish trendline down.
A continuation of the bearish trend down to the next support at 24.710000000 is expected.
Caution: A possible counter-trend in the direction of resistance at 26.100000000 could occur.
Consider stop-loss settings accordingly.
Then a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is existing. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The currency pair could go down.
Then a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which is often a bearish chart signal. The currency pair could go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 26.840000000 |
| 2nd High | 26.530000000 |
| Next High | 26.100000000 |
| Current Price | 25.050000000 |
| Next Low | 24.710000000 |
| 2nd Low | 24.520000000 |
| 3rd Low | 23.310000000 |
26.100000000 – 26.090000000 – 26.530000000 – 24.710000000 – 24.770000000 – 24.830000000