AVAX/USDT – 30M – BUYThe combination Avalanche/Tether (AVAX/USDT) goes from the bullish trendline up.
A continuation of the upward movement up to the next resistance line at 50.860000000 will continue.
Caution: A possible counter-trend in the direction of support at 48.340000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will continue. Target of the current trend is 50.075 at the Fibonacci level 0.5-Level. Caution: A possible counter-trend in the direction of the resistance line at 50.860000000 should be noted.
In the case of a trade, always set appropriate stop-loss settings.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 53.620000000 |
| 2nd High | 52.050000000 |
| Next High | 50.860000000 |
| Current Price | 49.370000000 |
| Next Low | 48.340000000 |
| 2nd Low | 48.100000000 |
| 3rd Low | 42.780000000 |