AVAX/USDT – 30M – SELLThe currency pair Avalanche/Tether (AVAX/USDT) jumps from the bearish trendline downwards
A continuation of the downtrend down to the next support at 22.720000000 is considered certain.
Caution: A possible change in the direction of resistance at 23.420000000 could be enabled.
Consider stop-loss settings accordingly.
Additionally a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. which is often a bearish chart signal. The currency pair could go down.
Additionally a ‘Resistance Level’ indicator layout is discovered. The indicator is ‘Resistance Level’. this is usually a bearish chart scenario. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 24.140000000 |
| 2nd High | 23.570000000 |
| Next High | 23.420000000 |
| Current Price | 22.930000000 |
| Next Low | 22.720000000 |
| 2nd Low | 22.360000000 |
| 3rd Low | 22.230000000 |
23.420000000 – 23.570000000 – 23.040000000 – 22.720000000 – 23.160000000 – 22.360000000 — 49.346355400035 – 47.903962868255