AVAX/USDT – 30M – BUYThe combination jumps from the descending trendline upwards
A bullish movement upwards to the next resistance at 27.800000000 will continue.
Caution: A possible reversal of the trend in the direction of support at 27.380000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend will continue. Current target is 27.73088 at the Fibonacci level 0.24-Level. Caution: A possible reversal of the trend in the direction of the resistance level at 27.800000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 28.230000000 |
| 2nd High | 27.990000000 |
| Next High | 27.800000000 |
| Current Price | 27.450000000 |
| Next Low | 27.380000000 |
| 2nd Low | 27.240000000 |
| 3rd Low | 26.820000000 |