AVAX/USDT – 30M – BUYThe currency pair breaks through the bearish trendline up.
A bullish movement up to the next resistance at 26.490000000 will persist.
Caution: A possible change in the direction of the support level at 24.400000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend will persist. Current target is 26.25496 at the Fibonacci level 0.79-Level. Caution: A possible change in the direction of the resistance zone at 26.490000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 27.160000000 |
| 2nd High | 26.760000000 |
| Next High | 26.490000000 |
| Current Price | 25.630000000 |
| Next Low | 24.400000000 |
| 2nd Low | 24.010000000 |
| 3rd Low | 23.900000000 |