The pair Avalanche/Tether (AVAX/USDT) moves from the bearish trendline down.
A continuation of the downward movement downwards to the next support level at 21.580000000 will persist.
Caution: A possible change in the direction of the resistance level at 22.850000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Then a ‘StochRSI fall below 80’ indicator layout is existing. The indicator is ‘StochRSI fall below 80’. this is usually a bearish signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 24.510000000 |
| 2nd High | 24.120000000 |
| Next High | 22.850000000 |
| Current Price | 22.660000000 |
| Next Low | 21.580000000 |
| 2nd Low | 20.690000000 |
| 3rd Low | 20.390000000 |
22.850000000 – 24.120000000 – 23.670000000 – 21.580000000 – 21.630000000 – 22.400000000 — 58.009619267801 – 55.536296613726