AVAX/USDT – 1H – BUYCorrection of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 27.925 at the Fibonacci level 0.5-Level. Caution: A possible trend reversal in the direction of the resistance line at 28.890000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 30.850000000 |
| 2nd High | 29.440000000 |
| Next High | 28.890000000 |
| Current Price | 26.600000000 |
| Next Low | 25.000000000 |
| 2nd Low | 22.790000000 |
| 3rd Low | 22.370000000 |