AVAX/USDT – 30M – BUYThe pair Avalanche/Tether (AVAX/USDT) moves from the bearish trendline up.
The bullish trend upwards to the next resistance at 34.410000000 is expected.
Caution: A possible change in the direction of the support line at 32.770000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend is expected. Current target is 33.47328 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance zone at 34.410000000 could happen.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 36.110000000 |
| 2nd High | 35.750000000 |
| Next High | 34.410000000 |
| Current Price | 33.060000000 |
| Next Low | 32.770000000 |
| 2nd Low | 31.150000000 |
| 3rd Low | 30.590000000 |