AVAX/USDT – 1H – SELLThe pair Avalanche/Tether (AVAX/USDT) moves from the descending trendline downwards
A continuation of the bearish trend downwards to the next support line at 21.580000000 is likely expected.
Caution: A possible trend reversal in the direction of the resistance line at 22.850000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. which could be a negative chart signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 25.510000000 |
| 2nd High | 24.120000000 |
| Next High | 22.850000000 |
| Current Price | 21.730000000 |
| Next Low | 21.580000000 |
| 2nd Low | 20.390000000 |
| 3rd Low | 20.180000000 |
22.850000000 – 24.120000000 – 25.510000000 – 21.580000000 – 22.400000000 – 23.880000000 — 40.389550877156 – 37.877139540466