Buy AVAX/USDT – 1H – BUY

The currency pair Avalanche/Tether (AVAX/USDT) breaks through the descending trendline up.

An ascending movement upwards to the next resistance level at 10.32 will persist.

Caution: A possible change in the direction of the support zone at 9.95 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Then a ‘Support Level’ indicator layout is discovered. The indicator is ‘Support Level’. which is often a bullish chart signal. The currency pair could go up.

Correction of the major bullish trend halted around the Fibonacci 0.7-Level.Continuation of the current ascending trend will persist. Target of the current trend is 10.715 at the Fibonacci level 0.5-Level. Caution: A possible change in the direction of the resistance line at 10.32 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.

Support & Resistance Price Range*
3rd High 12.5
2nd High 12.27
Next High 10.32
Current Price 10.210000000
Next Low 9.95
2nd Low 9.53
3rd Low 9.16

10.32 – 10.13 – 10.26 – 9.95 – 9.53 – 9.16 —
10.120000000 – 9.800000000 —
49.131843692691 – 30.312740872609 —
– —
10.32 – 1770044400

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