AVAX/USDT – 30M – BUYThe currency pair goes from the bearish trendline upwards
The bullish trend upwards to the next resistance at 28.080000000 will persist.
Caution: A possible change in the direction of the support line at 27.250000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will persist. Current target is 27.74 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance zone at 28.080000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 28.800000000 |
| 2nd High | 28.550000000 |
| Next High | 28.080000000 |
| Current Price | 27.420000000 |
| Next Low | 27.250000000 |
| 2nd Low | 26.930000000 |
| 3rd Low | 26.450000000 |