AVAX/USDT – 30M – BUYThe combination Avalanche/Tether (AVAX/USDT) breaks through the bearish trendline up.
A bullish trend up to the next resistance at 11.78 will continue.
Caution: A possible change in the direction of the support line at is within the realm of possibility.
Consider stop-loss settings accordingly.
Then a ‘Exponential Moving Average 50 (EMA 50)’ indicator layout is discovered. The indicator shows ‘Exponential Moving Average 50 (EMA 50)’. which is often a bullish signal. The pair is likely to go up.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Current target is 11.90996 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance line at 11.78 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 12.12 |
| 2nd High | 12.06 |
| Next High | 11.78 |
| Current Price | 11.750000000 |
| Next Low | |
| 2nd Low | |
| 3rd Low |
11.78 – 11.75 – 12.06 – 11.23 – 11.83 – 11.87 —
11.740000000 – 11.780000000 —
58.697668340841 – 47.641953115214 —
– —
11.78000 – 1769414400