AVAX/USDT – 4H – BUYThe combination goes from the ascending trendline up.
A continuation of the upward movement up to the next resistance line at 30.850000000 is expected.
Caution: A possible reversal of the trend in the direction of support at 22.790000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Target of the current trend is 28.40268 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of resistance at 30.850000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 30.850000000 |
| Current Price | 26.450000000 |
| Next Low | 22.790000000 |
| 2nd Low | 20.480000000 |
| 3rd Low | 19.780000000 |