AVAX/USDT – 1H – BUYThe currency pair jumps from the bullish trendline upwards
A continuation of the uptrend upwards to the next resistance at 29.320000000 is considered certain.
Caution: A possible trend reversal in the direction of the support line at 27.380000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 1-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 27.75586 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the resistance zone at 29.320000000 is also possible.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 29.870000000 |
| 2nd High | 29.620000000 |
| Next High | 29.320000000 |
| Current Price | 27.720000000 |
| Next Low | 27.380000000 |
| 2nd Low | 27.330000000 |
| 3rd Low | 26.820000000 |