AVAX/USDT – 30M – BUYThe pair breaks through the descending trendline up.
An ascending movement up to the next resistance level at 26.490000000 is likely expected.
Caution: A possible change in the direction of the support level at 26.010000000 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 likely expected. Current target is 26.66204 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance zone at 26.490000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 27.160000000 |
| 2nd High | 26.760000000 |
| Next High | 26.490000000 |
| Current Price | 26.440000000 |
| Next Low | 26.010000000 |
| 2nd Low | 25.360000000 |
| 3rd Low | 25.050000000 |