AVAX/USDT – 4H – BUYCorrection of the major bearish trend broke the Fibonacci 0.79-Level.Continuation of the current ascending trend is considered certain. Current target is 29.87 at the Fibonacci level 1-Level. Caution: A possible trend reversal in the direction of resistance at 29.320000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 30.850000000 |
| 2nd High | 29.870000000 |
| Next High | 29.320000000 |
| Current Price | 28.350000000 |
| Next Low | 22.350000000 |
| 2nd Low | 20.480000000 |
| 3rd Low |