AVAX/USDT – 1H – BUYThe currency pair moves from the descending trendline downwards
A continuation of the downward movement downwards to the next support level at 22.350000000 is considered certain.
Caution: A possible trend reversal in the direction of the resistance level at 27.160000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend is considered certain. Current target is 26.13066 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the resistance level at 27.160000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 28.230000000 |
| 2nd High | 27.230000000 |
| Next High | 27.160000000 |
| Current Price | 26.210000000 |
| Next Low | 22.350000000 |
| 2nd Low | 21.030000000 |
| 3rd Low | 20.480000000 |