The pair Avalanche/Tether (AVAX/USDT) moves from the bearish trendline down.
A continuation of the downtrend down to the next support level at 9.95 is certain.
Caution: A possible change in the direction of the resistance level at 10.210000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
In addition a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator shows ‘Exponential Moving Average 100 (EMA 100)’. this is usually a bearish chart scenario. The pair is likely to go down.
In addition a ‘MACD crosses below signal’ indicator layout is detected. The indicator shows ‘MACD crosses below signal’. this is usually a bearish chart scenario. The pair is likely to go down.
In addition a ‘Resistance Level’ indicator signal is existing. The indicator is ‘Resistance Level’. which could be a negative chart scenario. The pair is likely to go down.
Correction of the major bearish trend halted around the Fibonacci 0.79-Level.Continuation of the current descending trend is certain. Target of the current trend is 9.925 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of support at 10.210000000 should always be considered.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 11.05 |
| 2nd High | 10.32 |
| Next High | 10.210000000 |
| Current Price | 9.980000000 |
| Next Low | 9.95 |
| 2nd Low | 9.53 |
| 3rd Low | 9.16 |
10.210000000 – 10.32 – 10.13 – 9.95 – 10.07 – 9.53 —
10.210000000 – 10.180000000 —
55.016524547614 – 56.158831404547 —
10.210000000 – 1770093000 —
– 1770093000
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – – Symmetrical Triangle Chart Pattern – –