AVAX/USDT – 30M – BUYThe currency pair breaks through the ascending trendline up.
A continuation of the bullish trend up to the next resistance line at 28.000000000 is expected.
Caution: A possible reversal of the trend in the direction of support at 25.470000000 could be enabled.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 28 at the Fibonacci level 0-Level. Caution: A possible reversal of the trend in the direction of the resistance zone at 28.000000000 could be enabled.
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 | 28.000000000 |
| Current Price | 26.900000000 |
| Next Low | 25.470000000 |
| 2nd Low | 23.600000000 |
| 3rd Low | 22.350000000 |