AVAX/USDT – 30M – BUYThe currency pair moves from the descending trendline up.
The bullish trend up to the next resistance at 27.190000000 is certain.
Caution: A possible trend reversal in the direction of the support zone at 26.220000000 is also possible.
Consider stop-loss settings accordingly.
Correction of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend is certain. Current target is 26.57872 at the Fibonacci level 0.24-Level. Caution: A possible trend reversal in the direction of the resistance level at 27.190000000 is also possible.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 28.890000000 |
| 2nd High | 27.740000000 |
| Next High | 27.190000000 |
| Current Price | 26.490000000 |
| Next Low | 26.220000000 |
| 2nd Low | 25.100000000 |
| 3rd Low | 23.900000000 |