The currency pair Avalanche/Tether (AVAX/USDT) jumps from the bearish trendline upwards
A bullish movement up to the next resistance at 12.18 will continue.
Caution: A possible counter-trend in the direction of the support zone at 11.58 is also possible.
In case of a trade, appropriate stop-loss settings should be considered.
In addition a ‘StochRSI %K line crosses above %D line’ indicator layout is discovered. The indicator is ‘StochRSI %K line crosses above %D line’. which could be a positive signal. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 12.5 |
| 2nd High | 12.27 |
| Next High | 12.18 |
| Current Price | 11.600000000 |
| Next Low | 11.58 |
| 2nd Low | 11.23 |
| 3rd Low |
12.18 – 12.27 – 12.2 – 11.69 – 11.93 – 12.02 —
11.770000000 – 11.650000000 —
32.653020103268 – 22.511328662543 —
– —
12.18000 – 1769630400