AVAX/USDT – 1H – BUYThe combination Avalanche/Tether (AVAX/USDT) jumps from the descending trendline up.
The bullish trend up to the next resistance at 45.050000000 will persist.
Caution: A possible change in the direction of the support zone at 36.190000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
Correction of the major bearish trend broke the Fibonacci 0-Level.Continuation of the current ascending trend will persist. Target of the current trend is 38.28096 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of resistance at 45.050000000 is within the realm of possibility.
Consider stop-loss settings accordingly.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 50.860000000 |
| 2nd High | 50.840000000 |
| Next High | 45.050000000 |
| Current Price | 37.270000000 |
| Next Low | 36.190000000 |
| 2nd Low | 34.940000000 |
| 3rd Low | 34.870000000 |