The currency pair Avalanche/Tether (AVAX/USDT) goes from the bullish trendline up.
A continuation of the uptrend up to the next resistance line at 6.924 will persist.
Caution: A possible change in the direction of the support level at 6.717 could occur.
In the case of a trade, always set appropriate stop-loss settings.
Moreover a ‘Exponential Moving Average 50 (EMA 50)’ indicator signal is found. The indicator is ‘Exponential Moving Average 50 (EMA 50)’. this is usually a bullish signal. The currency pair is likely to rise.
Moreover a ‘StochRSI %K line crosses above %D line’ indicator signal is found. The indicator is ‘StochRSI %K line crosses above %D line’. this is usually a bullish signal. The currency pair is likely to rise.
Moreover a ‘Resistance Level’ indicator signal is detected. The indicator shows ‘Resistance Level’. which is often a bullish signal. The currency pair is likely to rise.
Correction of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend will persist. Current target is 6.924 at the Fibonacci level 1-Level. Caution: A possible change in the direction of the resistance line at 6.924 could occur.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 7.022 |
| 2nd High | 7.018 |
| Next High | 6.924 |
| Current Price | 6.861000000 |
| Next Low | 6.717 |
| 2nd Low | 6.613 |
| 3rd Low | 6.561 |
6.924 – 6.88 – 6.88 – 6.717 – 6.613 – 6.561 —
6.878000000 – 6.835000000 —
57.510995245058 – 41.313342854518 —
– —
6.924 – 1783080000