AVAX/USDT – 1H – BUYThe pair breaks through the bullish trendline upwards
A continuation of the bullish trend up to the next resistance level at 27.230000000 will continue.
Caution: A possible trend reversal in the direction of support at 24.900000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend broke through the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Target of the current trend is 27.32692 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the resistance level at 27.230000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 29.320000000 |
| 2nd High | 28.230000000 |
| Next High | 27.230000000 |
| Current Price | 26.220000000 |
| Next Low | 24.900000000 |
| 2nd Low | 24.010000000 |
| 3rd Low | 23.900000000 |