AVAX/USDT – 30M – BUYThe combination goes from the descending trendline up.
An ascent upwards to the next resistance at 29.620000000 will continue.
Caution: A possible reversal of the trend in the direction of the support level at 27.450000000 could occur.
Consider stop-loss settings accordingly.
Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Target of the current trend is 28.66 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 29.620000000 could occur.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 29.870000000 |
| 2nd High | 29.750000000 |
| Next High | 29.620000000 |
| Current Price | 28.210000000 |
| Next Low | 27.450000000 |
| 2nd Low | 25.060000000 |
| 3rd Low | 23.900000000 |