AVAX/USDT – 30M – BUYThe combination breaks through the descending trendline upwards
A bullish movement upwards to the next resistance level at 26.780000000 is considered certain.
Caution: A possible reversal of the trend in the direction of the support line at 25.000000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
Correction of the major bearish trend broke the Fibonacci 0.24-Level.Continuation of the current ascending trend is considered certain. Target of the current trend is 27.22 at the Fibonacci level 0.5-Level. Caution: A possible reversal of the trend in the direction of the resistance line at 26.780000000 is within the realm of possibility.
Please make appropriate stop-loss settings in the case of a trade.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 29.010000000 |
| 2nd High | 28.890000000 |
| Next High | 26.780000000 |
| Current Price | 26.220000000 |
| Next Low | 25.000000000 |
| 2nd Low | 22.790000000 |
| 3rd Low | 22.370000000 |