AVAX/USDT – 30M – BUYThe combination breaks through the descending trendline up.
The bullish trend up to the next resistance line at 28.800000000 is certain.
Caution: A possible counter-trend in the direction of the support line at 26.930000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bullish trend halted around the Fibonacci 0.24-Level.Continuation of the current ascending trend is certain. Target of the current trend is 28.18 at the Fibonacci level 0-Level. Caution: A possible counter-trend in the direction of the resistance zone at 28.800000000 is also possible.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | |
| 2nd High | |
| Next High | 28.800000000 |
| Current Price | 28.290000000 |
| Next Low | 26.930000000 |
| 2nd Low | 26.450000000 |
| 3rd Low | 26.100000000 |