AVAX/USDT – 1H – BUYThe currency pair Avalanche/Tether (AVAX/USDT) breaks through the descending trendline up.
An ascent upwards to the next resistance line at 9.25 is certain.
Caution: A possible trend reversal in the direction of the support zone at could happen.
Consider stop-loss settings accordingly.
Next a ‘Exponential Moving Average 100 (EMA 100)’ indicator layout is detected. The indicator is ‘Exponential Moving Average 100 (EMA 100)’. which could be a positive chart scenario. The currency pair is likely to rise.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.45 |
| 2nd High | 9.27 |
| Next High | 9.25 |
| Current Price | 9.260000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
9.25 – 9.27 – 9.21 – 8.99 – 8.97 – 9.06 —
9.210000000 – 9.240000000 —
58.962229252026 – 47.49492638523 —
– —
9.25 – 1777755600