Then a ‘Symmetrical Triangle Chart Pattern’ chart formation is discovered. The chart shows ‘Symmetrical Triangle Chart Pattern’. which is a bearish pattern signal. The pair is likely to go down.
The currency pair Avalanche/Tether (AVAX/USDT) goes from the descending trendline down.
A continuation of the downward movement down to the next support at 9.8 will persist.
Caution: A possible trend reversal in the direction of resistance at 10.01 should always be considered.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 10.36 |
| 2nd High | 10.12 |
| Next High | 10.01 |
| Current Price | 9.920000000 |
| Next Low | 9.8 |
| 2nd Low | 9.37 |
| 3rd Low | 9.36 |
10.01 – 10.12 – 9.7 – 9.8 – 9.37 – 9.45 —
9.900000000 – 9.940000000 —
43.736038430795 – 50.35336329433 —
– —
10.01 – 1778356800
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – – Symmetrical Triangle Chart Pattern – –