AVAX/USDT – 30M – BUYThe combination breaks through the ascending trendline up.
A continuation of the upward movement up to the next resistance at 32.000000000 is expected.
Caution: A possible counter-trend in the direction of the support line at 28.490000000 should be noted.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is expected. Current target is 32 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance level at 32.000000000 should be noted.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 32.000000000 |
| Current Price | 31.530000000 |
| Next Low | 28.490000000 |
| 2nd Low | 27.510000000 |
| 3rd Low | 27.100000000 |