AVAX/USDT – 30M – BUYThe combination breaks through the descending trendline upwards
An ascending movement upwards to the next resistance line at 24.490000000 is likely expected.
Caution: A possible counter-trend in the direction of the support level at 23.250000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend broke through the Fibonacci 0-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 23.61648 at the Fibonacci level 0.24-Level. Caution: A possible counter-trend in the direction of the resistance zone at 24.490000000 could occur.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 25.660000000 |
| 2nd High | 24.900000000 |
| Next High | 24.490000000 |
| Current Price | 23.340000000 |
| Next Low | 23.250000000 |
| 2nd Low | 23.220000000 |
| 3rd Low | 22.870000000 |