AVAX/USDT – 30M – BUYThe pair goes from the ascending trendline up.
A continuation of the uptrend upwards to the next resistance line at 27.980000000 is considered certain.
Caution: A possible trend reversal in the direction of the support line at 26.630000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 27.715 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of resistance at 27.980000000 could occur.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 28.800000000 |
| 2nd High | 28.130000000 |
| Next High | 27.980000000 |
| Current Price | 27.280000000 |
| Next Low | 26.630000000 |
| 2nd Low | 26.100000000 |
| 3rd Low | 22.790000000 |