AVAX/USDT – 4H – BUYThe pair jumps from the ascending trendline down.
A bearish trend downwards to the next support line at 22.790000000 will continue.
Caution: A possible trend reversal in the direction of the resistance line at 28.800000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Current target is 28.8 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance line at 28.800000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 28.800000000 |
| Current Price | 27.000000000 |
| Next Low | 22.790000000 |
| 2nd Low | 20.480000000 |
| 3rd Low | 19.780000000 |