The combination Avalanche/Tether (AVAX/USDT) goes from the descending trendline downwards
A continuation of the downtrend downwards to the next support level at 6.717000000 is expected.
Caution: A possible trend reversal in the direction of the resistance level at 6.88 could be enabled.
Please make appropriate stop-loss settings in the case of a trade.
And also a ‘StochRSI Hidden Bearish Divergence’ indicator signal is existing. The indicator shows ‘StochRSI Hidden Bearish Divergence’. chart scenario.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 7.022 |
| 2nd High | 7.018 |
| Next High | 6.88 |
| Current Price | 6.800000000 |
| Next Low | 6.717000000 |
| 2nd Low | 6.613 |
| 3rd Low | 6.561 |
6.88 – 6.814 – 6.758 – 6.717000000 – 6.613 – 6.561 —
6.762000000 – 6.823000000 —
48.14288044088 – 62.112680728398 —
6.717000000 – 1783018800 —
6.88 – 1782999000