AVAX/USDT prediction - do not avoid the bullish trend line
DISCLAIMER: *THESE ARE MY PERSONAL PREDICTIONS, THEY SHOULD NOT BE CONSIDERED AS FINANCIAL ADVICES*
AVAX keeps it going nice and steadilly throughout a long bull trend against the USDT. Even after the Feb 4th-28th rush, the trend line(dashed blue line) successfully works as a safe harbor and support level at every bear movement.
By the APR 10th the trend seems to be carrying the price up to the 35 usd support-resistance level on which the price may go even more rapidly if it can succeeds to hold for a while.
Next Resistance : 41.52 USDt
Trend Break Down: Below 27-26 USDt
Supports: 26.52 - 21.630 USDt
If the market remains healthy this trend line working as an indicator of increasing inflation of USD, would work really well. However there might be major ups before the designated date depending on the company profile, partnerships and product's reputation.
AVAX keeps it going nice and steadilly throughout a long bull trend against the USDT. Even after the Feb 4th-28th rush, the trend line(dashed blue line) successfully works as a safe harbor and support level at every bear movement.
By the APR 10th the trend seems to be carrying the price up to the 35 usd support-resistance level on which the price may go even more rapidly if it can succeeds to hold for a while.
Next Resistance : 41.52 USDt
Trend Break Down: Below 27-26 USDt
Supports: 26.52 - 21.630 USDt
If the market remains healthy this trend line working as an indicator of increasing inflation of USD, would work really well. However there might be major ups before the designated date depending on the company profile, partnerships and product's reputation.