Moving Averages:
7-day SMA: $29.73
25-day SMA: $27.52
99-day SMA: $32.16
20-day SMA: $29.39
50-day SMA: $30.43
100-day SMA: $31.52
The price is currently below the 99-day SMA, indicating a bearish trend in the medium to long term.
Ichimoku Cloud:
The price is within the Ichimoku Cloud, suggesting potential consolidation or indecisiveness in the market.
Bollinger Bands:
Upper Band: $31.70
Middle Band: $29.31
Lower Band: $27.51
Stochastic RSI: %K: 62.79, %D: 79.49 (Overbought)
MACD: Line: 0.54,
Signal Line: 0.50 (Weak Bullish Momentum)
ADX: 20.06 (Weak Trend)
Balance of Power: -0.22 (Selling Pressure)
CMF: 0.14 (Weak Buying Pressure)
Fibonacci Retracement Levels:
The price is currently below the 0.236 Fibonacci level, indicating it might find support around $28.57.
Support and Resistance Levels:
Resistance:
R1: $30.79
R2: $32.43
R3: $35.18
Support:
S1: $26.39
S2: $24.75
S3: $22.00
Summary
AVAX/USDT is currently in a bearish trend with resistance around $30.79 and support at $26.39. Indicators suggest potential consolidation or a slight bullish momentum but overall weak trend strength. Combining data from both sources highlights the importance of monitoring key support/resistance levels and indicators for trading decisions.
Accordance to $BTC
