The pair Avalanche/Tether (AVAX/USDT) moves from the bullish trendline up.
A continuation of the bullish trend up to the next resistance at 7.079 will persist.
Caution: A possible reversal of the trend in the direction of the support zone at 6.27 should be noted.
Please make appropriate stop-loss settings in the case of a trade.
There is also a ‘Resistance Level’ indicator signal is existing. The indicator shows ‘Resistance Level’. this is usually a bullish chart scenario. The currency pair is likely to rise.
There is also a ‘Bearish Harami Cross’ chart pattern is found. The candles form ‘Bearish Harami Cross’. which is a bearish chart scenario. The currency pair is likely to go down. According to the Encyclopedia of Candlestick Charts by Thomas N. Bulkowski, the chance of ‘Bearish Harami Cross’ heading down is 57% (Bull Market) & 56% (Bear Market).
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 9.602 |
| 2nd High | 9.084 |
| Next High | 7.079 |
| Current Price | 6.855000000 |
| Next Low | 6.27 |
| 2nd Low | 5.963 |
| 3rd Low | 5.681 |
6.822 – 6.676 – 7.079 – 6.27 – 5.963 – 5.681 —
6.758000000 – 6.823000000 —
57.530075566312 – 60.723945313192 —
– —
6.822 – 1782748800
Trading Signals: CRYPTO – AVAX – AVAX/USDT – USDT – Bearish Harami Cross – – –