AVAX/USDT – 1H – BUYThe currency pair moves from the ascending trendline upwards
A continuation of the bullish trend up to the next resistance line at 26.500000000 will continue.
Caution: A possible counter-trend in the direction of the support line at 23.900000000 could happen.
Consider stop-loss settings accordingly.
Correction of the major bearish trend broke through the Fibonacci 0.24-Level.Continuation of the current ascending trend will continue. Current target is 26.67 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance line at 26.500000000 could happen.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 28.890000000 |
| 2nd High | 26.780000000 |
| Next High | 26.500000000 |
| Current Price | 25.620000000 |
| Next Low | 23.900000000 |
| 2nd Low | 22.790000000 |
| 3rd Low | 22.370000000 |