AVAX/USDT – 30M – BUYThe combination breaks through the bearish trendline upwards
The bullish trend upwards to the next resistance at 27.800000000 will continue.
Caution: A possible trend reversal in the direction of support at 25.890000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
Correction of the major bearish trend broke the Fibonacci 0.5-Level.Continuation of the current ascending trend will continue. Target of the current trend is 27.72924 at the Fibonacci level 0.79-Level. Caution: A possible trend reversal in the direction of the resistance level at 27.800000000 is within the realm of possibility.
In case of a trade, appropriate stop-loss settings should be considered.
| Support & Resistance | Price Range* |
|---|---|
| 3rd High | 28.230000000 |
| 2nd High | 27.990000000 |
| Next High | 27.800000000 |
| Current Price | 27.130000000 |
| Next Low | 25.890000000 |
| 2nd Low | 25.060000000 |
| 3rd Low | 23.900000000 |