The combination Avalanche/Tether (AVAX/USDT) breaks through the bearish trendline upwards
A bullish ascent upwards to the next resistance at 10.21 is considered certain.
Caution: A possible trend reversal in the direction of the support zone at 9.97 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
Additionally a ‘MACD crosses above signal’ indicator layout is discovered. The indicator is ‘MACD crosses above signal’. which could be a positive chart signal. The currency pair is likely to rise.
Additionally a ‘Support Level’ indicator layout is found. The indicator shows ‘Support Level’. this is usually a bullish chart scenario. The currency pair could go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 11.05 |
| 2nd High | 10.32 |
| Next High | 10.21 |
| Current Price | 10.150000000 |
| Next Low | 9.97 |
| 2nd Low | 9.95 |
| 3rd Low | 9.53 |
10.21 – 10.32 – 10.13 – 9.97 – 9.95 – 10.07 —
10.090000000 – 10.150000000 —
47.466664349581 – 38.834043433883 —
– —
10.21 – 1770093000
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – – Double bottom chart pattern – –