The combination Avalanche/Tether (AVAX/USDT) jumps from the ascending trendline down.
A bearish descent down to the next support at 23.860000000 is considered certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 25.330000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Resistance Level’ indicator layout is detected. The indicator is ‘Resistance Level’. this is usually a bearish signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 26.770000000 |
| 2nd High | 26.570000000 |
| Next High | 25.330000000 |
| Current Price | 24.450000000 |
| Next Low | 23.860000000 |
| 2nd Low | 23.160000000 |
| 3rd Low | 23.110000000 |
25.330000000 – 24.620000000 – 24.350000000 – 23.860000000 – 23.160000000 – 23.110000000 — 48.649967964898 – 43.461489715669