AVAX/USDT – 30M – BUYThe pair moves from the ascending trendline upwards
A continuation of the bullish trend upwards to the next resistance at 29.010000000 is likely expected.
Caution: A possible trend reversal in the direction of the support level at 27.960000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Correction of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 28.64204 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance line at 29.010000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 30.760000000 |
| 2nd High | 29.440000000 |
| Next High | 29.010000000 |
| Current Price | 28.270000000 |
| Next Low | 27.960000000 |
| 2nd Low | 26.960000000 |
| 3rd Low | 26.930000000 |