AVAX/USDT – 30M – BUYThe pair Avalanche/Tether (AVAX/USDT) breaks through the bearish trendline upwards
A bullish trend up to the next resistance at 35.750000000 is expected.
Caution: A possible counter-trend in the direction of the support level at 33.030000000 could be enabled.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is expected. Current target is 35.10808 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance line at 35.750000000 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 36.160000000 |
| 2nd High | 36.110000000 |
| Next High | 35.750000000 |
| Current Price | 34.870000000 |
| Next Low | 33.030000000 |
| 2nd Low | 31.150000000 |
| 3rd Low | 30.590000000 |