AVAX/USDT – 4H – BUYThe combination Avalanche/Tether (AVAX/USDT) breaks through the descending trendline upwards
A bullish movement up to the next resistance at is certain.
Caution: A possible reversal of the trend in the direction of the support level at 32.310000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Current target is 37.49 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance level at could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | |
| Current Price | 39.320000000 |
| Next Low | 32.310000000 |
| 2nd Low | 30.590000000 |
| 3rd Low | 22.350000000 |