AVAX/USDT – 4H – BUYThe pair moves from the ascending trendline up.
A continuation of the upward movement upwards to the next resistance level at 28.000000000 is likely expected.
Caution: A possible change in the direction of the support zone at 22.870000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bullish trend halted around the Fibonacci 0.5-Level.Continuation of the current ascending trend is likely expected. Target of the current trend is 26.06008 at the Fibonacci level 0.24-Level. Caution: A possible change in the direction of the resistance zone at 28.000000000 should be noted.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 33.000000000 |
| 2nd High | 29.520000000 |
| Next High | 28.000000000 |
| Current Price | 26.020000000 |
| Next Low | 22.870000000 |
| 2nd Low | 20.480000000 |
| 3rd Low | 19.780000000 |