AVAX/USDT – 1H – SELLThe combination Avalanche/Tether (AVAX/USDT) goes from the descending trendline down.
A continuation of the downward movement down to the next support at 11.23 is expected.
Caution: A possible reversal of the trend in the direction of resistance at 11.92 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 12.73 |
| 2nd High | 12.5 |
| Next High | 11.92 |
| Current Price | 11.760000000 |
| Next Low | 11.23 |
| 2nd Low | 8.52 |
| 3rd Low |
11.92 – 12.5 – 12.38 – 11.23 – 11.97 – 11.99 —
11.730000000 – 11.840000000 —
46.589169376562 – 54.613903659655 —
– —
11.92000 – 1769439600