The pair Avalanche/Tether (AVAX/USDT) moves from the ascending trendline down.
A bearish descent down to the next support line at 8.99 is certain.
Caution: A possible counter-trend in the direction of the resistance level at 9.25 could happen.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘MACD crosses below signal’ indicator signal is existing. The indicator shows ‘MACD crosses below signal’. which could be a negative chart scenario. The currency pair could go down.
There is also a ‘Resistance Level’ indicator layout is existing. The indicator is ‘Resistance Level’. this is usually a bearish chart signal. The pair is likely to go down.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.45 |
| 2nd High | 9.27 |
| Next High | 9.25 |
| Current Price | 9.240000000 |
| Next Low | 8.99 |
| 2nd Low | 8.97 |
| 3rd Low | 8.92 |
9.13 – 9.25 – 9.14 – 8.99 – 8.97 – 9.06 —
9.340000000 – 9.280000000 —
66.246667995439 – 56.367382732113 —
– —
9.13 – 1777809600