AVAX/USDT – 1H – BUYThe currency pair Avalanche/Tether (AVAX/USDT) jumps from the descending trendline upwards
A bullish movement upwards to the next resistance level at 7.008 is certain.
Caution: A possible reversal of the trend in the direction of the support zone at 6.753 could be enabled.
In the case of a trade, always set appropriate stop-loss settings.
There is also a ‘Exponential Moving Average 200 (EMA 200)’ indicator signal is existing. The indicator is ‘Exponential Moving Average 200 (EMA 200)’. which could be a positive chart signal. The currency pair is likely to rise.
There is also a ‘Support Level’ indicator layout is detected. The indicator is ‘Support Level’. this is usually a bullish chart scenario. The pair is likely to go up.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 8.372 |
| 2nd High | 7.115 |
| Next High | 7.008 |
| Current Price | 6.804000000 |
| Next Low | 6.753 |
| 2nd Low | 6.613 |
| 3rd Low | 6.561 |
7.008 – 7.115 – 7.035 – 6.753 – 6.817 – 6.792 —
6.935000000 – 6.818000000 —
44.354221419156 – 33.825192412864 —
– —
7.008 – 1783288800