AVAX/USDT – 1H – BUYThe pair jumps from the descending trendline downwards
A continuation of the downward movement down to the next support line at 26.030000000 is certain.
Caution: A possible change in the direction of the resistance level at 27.740000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is certain. Target of the current trend is 26.83376 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance level at 27.740000000 could happen.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 29.440000000 |
| 2nd High | 28.890000000 |
| Next High | 27.740000000 |
| Current Price | 26.140000000 |
| Next Low | 26.030000000 |
| 2nd Low | 25.100000000 |
| 3rd Low | 23.900000000 |