The combination Avalanche/Tether (AVAX/USDT) jumps from the ascending trendline down.
A bearish trend down to the next support at 8.62 is certain.
Caution: A possible reversal of the trend in the direction of the resistance zone at 9.26 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
And also a ” indicator signal is detected. The indicator shows ”. which could be a negative signal. The currency pair is likely to fall.
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And also a ‘StochRSI %K line crosses below %D line’ indicator signal is detected. The indicator shows ‘StochRSI %K line crosses below %D line’. which could be a negative signal. The currency pair is likely to fall.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 10.34 |
| 2nd High | 9.48 |
| Next High | 9.26 |
| Current Price | 9.240000000 |
| Next Low | 8.62 |
| 2nd Low | 8.43 |
| 3rd Low | 7.55 |
9.26 – 8.97 – 8.9 – 8.62 – 8.43 – 8.72 —
9.250000000 – 9.300000000 —
73.775529250534 – 72.459834433242 —
– —
9.26 – 1770998400