AVAX/USDT – 1H – BUYThe currency pair Avalanche/Tether (AVAX/USDT) breaks through the descending trendline up.
A bullish trend up to the next resistance level at 11.85 is certain.
Caution: A possible trend reversal in the direction of the support line at 11.23 could occur.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘MACD crosses above signal’ indicator layout is detected. The indicator shows ‘MACD crosses above signal’. this is usually a bullish chart scenario. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 12.5 |
| 2nd High | 11.92 |
| Next High | 11.85 |
| Current Price | 11.890000000 |
| Next Low | 11.23 |
| 2nd Low | 8.52 |
| 3rd Low |
11.85 – 11.92 – 12.5 – 11.23 – 11.97 – 11.99 —
11.820000000 – 11.740000000 —
52.012481217985 – 40.261993085324 —
– —
11.85000 – 1769479200