The currency pair Avalanche/Tether (AVAX/USDT) goes from the descending trendline downwards
A continuation of the downward movement down to the next support at 9.8 is certain.
Caution: A possible trend reversal in the direction of the resistance zone at 10.01 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
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 9.74 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of support at 10.01 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 10.36 |
| 2nd High | 10.12 |
| Next High | 10.01 |
| Current Price | 9.870000000 |
| Next Low | 9.8 |
| 2nd Low | 9.37 |
| 3rd Low | 9.36 |
10.01 – 10.12 – 9.7 – 9.8 – 9.37 – 9.45 —
9.980000000 – 10.000000000 —
56.54605034251 – 57.771954708716 —
– —
10.01 – 1778356800