AVAX/USDT – 30M – BUYThe pair Avalanche/Tether (AVAX/USDT) jumps from the ascending trendline downwards
A descent downwards to the next support line at 47.800000000 will persist.
Caution: A possible trend reversal in the direction of the resistance zone at 53.950000000 could be enabled.
Consider stop-loss settings accordingly.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend will persist. Target of the current trend is 53.95 at the Fibonacci level 0-Level. Caution: A possible trend reversal in the direction of the resistance zone at 53.950000000 could be enabled.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 53.950000000 |
| Current Price | 51.820000000 |
| Next Low | 47.800000000 |
| 2nd Low | 43.650000000 |
| 3rd Low | 42.630000000 |