The currency pair Avalanche/Tether (AVAX/USDT) breaks through the bearish trendline up.
A bullish trend up to the next resistance level at 9.48 is expected.
Caution: A possible change in the direction of the support line at is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Also there is a ‘Exponential Moving Average 100 (EMA 100)’ indicator signal is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which is often a bullish signal. The currency pair could go up.
Also there is a ‘StochRSI %K line crosses above %D line’ indicator signal is detected. The indicator is ‘StochRSI %K line crosses above %D line’. which is often a bullish signal. The currency pair could go up.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Current target is 9.55728 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance zone at 9.48 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 10.01 |
| 2nd High | 9.68 |
| Next High | 9.48 |
| Current Price | 9.450000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
9.48 – 9.44 – 9.45 – 9.37 – 9.28 – 9.16 —
9.440000000 – 9.450000000 —
52.100027851291 – 55.062389573873 —
– —
9.48 – 1777046400