AVAX/USDT – 1H – BUYThe pair breaks through the bearish trendline up.
An ascent up to the next resistance level at 30.850000000 will continue.
Caution: A possible counter-trend in the direction of the support level at 28.300000000 could be enabled.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Target of the current trend is 29.37 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance zone at 30.850000000 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 30.850000000 |
| Current Price | 29.530000000 |
| Next Low | 28.300000000 |
| 2nd Low | 25.060000000 |
| 3rd Low | 23.900000000 |